Mortgage Lending Surges as Housing Market Adapts

The final month of 2025 brought unprecedented activity to the mortgage market. The volume of housing loans issued in December jumped by 78% compared to November, marking one of the most significant monthly increases in recent history.

This growth was not evenly distributed across all loan types. The most explosive growth was seen in financing for completed residential properties. Loans for ready-made homes increased by 83% from the previous month, outpacing the overall market average and indicating a strong consumer shift towards immediate occupancy.

• Overall mortgage lending grew by 78% month-over-month.
• Ready-made home loans surged by 83% from November.
• The data reflects a rapid market response to changing conditions.

Analysts point to several factors behind this dramatic shift. The primary driver appears to be the market's ongoing adaptation to new economic realities. Consumers and lenders are navigating a landscape with evolving risks, particularly in the construction sector.

These risks have made construction financing a more cautious endeavor for both parties. As a result, the market has temporarily pivoted towards the perceived security and immediacy of existing housing stock. This trend reflects a broader strategy to mitigate uncertainty while still meeting housing demand.

The market is adapting to new conditions, which are creating risks in construction but are ultimately paving the way for future growth.

While the current surge is dominated by loans for ready-made homes, experts believe this is a transitional phase. The fundamental need for new housing remains, and the market is expected to rebalance.

Looking ahead, the focus is projected to shift back towards the construction segment. The adaptation process currently underway is seen as a necessary step that will eventually lead to increased lending for new builds. The temporary preference for ready-made homes is expected to give way to a more balanced distribution between new construction and existing properties as market conditions stabilize.

• Future growth is anticipated in the construction loan sector.
• The current trend is viewed as a temporary market adjustment.
• A balanced mix of loan types is expected in the coming months.

The December 2025 data paints a clear picture of a housing market in dynamic transition. The 78% surge in mortgage lending is a powerful indicator of renewed activity and consumer confidence.

The dominance of ready-made home loans underscores a current preference for security and immediacy, driven by construction-related risks. However, the market's adaptive nature suggests this is just one phase of a longer-term recovery and growth trajectory, with future expansion likely to be fueled by new construction projects.