According to the latest data from the National Bank of Dagestan, in the first quarter of 2024, the residents of Dagestan obtained more than 6.2 billion rubles in mortgage loans. This figure is slightly lower by 1.5% compared to the last year. According to Murad Idrisov, head of the National Bank, this decrease in mortgage lending can be attributed to changes in parameters of the preferential mortgage program. One such change is an increase in the initial payment for "preferential mortgages" to 30%. This may have contributed to a decline in loan activity in Dagestan. Additionally, some market analysts have suggested that rising housing prices may also be a strong contributing factor.