The Russian government has set an ambitious goal to renew at least…
The Russian government has set an ambitious goal to renew at least 20% of the country's housing stock, with ongoing construction projects totaling 200 million square meters across all regions. Officials, including Vice-Premier Marat Khusnulin and Minister of Construction Irek Fayzullin, confirmed progress and reaffirmed targets for 2026 despite minor delays and rising mortgage challenges.
Consensus
- Russia has an ambitious goal to renew at least 20 percent of its housing stock.
- Over 200 million square meters of housing are currently under construction across all regions.
- The construction of residential buildings has continued steadily since 2020, despite economic challenges.
- Minister of Construction Irek Fayzullin confirmed that the country plans to meet its 2026 construction targets.
- Vice-Premier Marat Khusnulin stated that rising real estate prices have not hindered the implementation of housing projects.
Points of divergence
- The construction of individual housing has shown some decline in dynamics by 2026, but the overall target is still expected to be met. — vedomosti
- For each residential building, an individual project is being developed in Moscow. — vesti
Coverage (3 sources)
- Khusnullin spoke about the task to update the housing stock — Вести
- Khusnullin: Without additional support measures, housing introduction in the Russian Federation may decrease — Вести
- Ministry of Construction intends to fulfill the housing construction plan for 2026 — Ведомости
Key entities
- Russia
- Marat Khusnullin
- Moscow
- Central Bank
- TASS
- IT 'News'
- Ministry of Construction
- Irek Faizullin
- IS 'Vesti'
- Moscow 9 Aug Vest
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