Trust accounts fell to their lowest level since 2020. In August 2026, the coverage level of developer project financing with funds in trust accounts dropped to 65.8%. During the year - minus 6.2 percentage points. This figure became the lowest since the second half of 2020, when the market was just adjusting to the construction reform in shares. Calculations based on data from the Central Bank and Dom. RF are provided by Kommersant. The decrease in loan security is caused by a growing imbalance between the entrepreneurs' obligations and the actual flow of funds from the buyers. During the year, the total debt of developers to banks increased by 16% and reached 11.37 trillion rubles. Savings in trust accounts increased by only 6%, to RUB 7.48 trillion. Construction costs are rising, forcing more borrowing, while sales are being held back by high mortgage interest rates. Developers' revenues under January-September contracts increased symbolically by 1.3% year-on-year. Buyers are delaying more and more payments. By the beginning of autumn, 17% of the costs of existing capital participation agreements in installments remained unpaid, and the amount of funds expected by the banks increased. The number of terminated agreements in 2026 increased by 18%, and in monetary terms the volume of canceled agreements jumped by 46%. The current decrease in loan guarantees leads to an increase in loan prices for entrepreneurs, puts pressure on business margins and increases the risk of non-repayment of funds.