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The impact of coronavirus on the Phuket property market will last at least six months

Experts predict that the consequences of the coronavirus pandemic will be observed in the Phuket apartment market for at least six months.

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Sales of apartments in Turkey soared by 51 percent

In February this year, apartment sales in Turkey jumped by 51.4 percent compared to the same month last year.

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New buildings in Novosibirsk fell a little over the winter

From November 2019 to February 2020, new buildings in Novosibirsk, as well as in many other Russian cities, fell a little in price. On average in the country, the cost of a new building decreased by 2.4 percent: from 4,133,036 to 4,035,426 rubles.

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Apartment sales in Canada jumped

In December 2019, apartment sales in Canada jumped significantly, with the number of transactions skyrocketing by 22.7 percent compared to the last month of 2018.

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Demand for apartments in St. Petersburg rose amid weakening ruble

The difficult economic situation due to the depreciation of the ruble stimulated investors to invest more actively in the purchase of apartments in new buildings in St. Petersburg.

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Sales of apartments in Dubai doubled

In February 2020, apartment sales in Dubai doubled compared to January. At the same time, sales of new buildings in Dubai grew by 7 percent over the month.

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The volume of mortgages in Russia increased by 18 percent in February

In February 2020, Russian banks issued 108.4 thousand loans for the purchase of an apartment. The total amount of issued mortgage loans amounted to 267.5 billion rubles.

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Apartments in Canada have risen in price by 15.2 percent in a year

Apartments in Canada have risen in price by 15.2 percent over the year. In February, the average cost of an apartment in Canada was 540,000 Canadian dollars, which equals 383,580 US dollars.

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Rise in prices for apartments in Singapore continues

Apartment prices in Singapore continue to go up, despite the slowdown in economic growth in the state. In 2019, apartment prices in Singapore rose by 1.86 percent.

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In Novosibirsk, the amount of state support for young families when buying an apartment will increase by a third

In the Novosibirsk Region, by 2025, 30 percent more young families will be supported when buying an apartment.

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Mortgage purchases of apartments in Turkey skyrocketed by 400 percent

In February this year, the number of mortgage purchases of apartments in Turkey amounted to 43,733. This is 391 percent more than in the same month last year.

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Bank "Dom.RF" allocated 1.2 billion rubles for the construction of a residential complex in Novosibirsk

Bank "Dom.RF" announced the opening of a credit line in the amount of 1.2 billion rubles to the group of companies "Flourish" for the construction of a residential complex "Flourish on Obskaya" in Novosibirsk.

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The collapse of the ruble caused an increase in demand for mortgages

In March, Russian banks are seeing increased demand for mortgages. Clients want to have time to buy an apartment in a mortgage at record low rates for the Russian market.

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The real estate market in Pattaya is oversupply

In the real estate market of Pattaya formed an oversupply. The problem is especially acute against the backdrop of the coronavirus pandemic.

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Rental housing in Singapore will grow by 3-5 percent

Analysts expect 2020 rent increases for apartments in Singapore by 3-5 percent in 2020.

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More than half of Russians want to invest in real estate

52 percent of those surveyed expressed a desire to invest their savings in commercial and residential real estate.

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Thailand apartment prices up nearly 5% in 2019

Apartment prices in Thailand rose by 4.88 percent in 2019.

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Housing commissioning in Russia increased by 14% in January

The volume of commissioning of residential real estate in Russia in January of this year increased by 14.3 percent compared to the same period last year - up to 5 million square meters. m.

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In St. Petersburg began to sell apartments under the Mercure brand

In St. Petersburg, they began to sell apartments under the Mercure brand.

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Families remain the main buyers of apartments in Russia

The main buyers of apartments in Russia are still families. They account for more than half, namely 57 percent, of all mortgage loans issued in 2019.

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