Mortgage issuance (YoY) currently reads -36 % г/г, mapping to a stress of 77/100 — critical pressure, near the worst end of its calibrated range.
Across the tracked period the stress has held roughly flat (+0.0 pts).
The value is sourced via official statistics at med confidence. How it is derived: Mortgage lending year on year (CBR/DOM.RF). The collapse after mass subsidised mortgages ended and rates rose is the key demand channel for housing.