The Novosibirsk Region has been a leader in the Siberian Federal District for several years in terms of the number of
mortgage deals. However, the number of
mortgage loans registered in the Novosibirsk region in January of this year turned out to be 4 percent lower compared to the first month of last year .
According to the Rosreestr Department for the Novosibirsk Region, the number of registration records for
mortgage decreased from 4,759 to 4,557. However, when compared with January 2017 (2,790), the figure increased by 39 percent.
In total, in January 2019, 32,837 registration actions (records on rights and encumbrances of rights) were entered into the USRN. Records about
mortgage make up 14 percent of the total number of registration actions, in January 2018
mortgage accounted for 15 percent of the total number of registered rights, encumbrances of rights.
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