Siberian company with an international name CMP, real estate news, mortgage news

More than 15,000 Russian families with two or more children bought apartments with a mortgage at 6 percent per annum. The preferential mortgage was provided as part of a program to subsidize mortgage rates, TASS reports with reference to the press service of the Ministry of Finance.

Phuket should become a year-round resort without pronounced seasonality. This was stated by the new Minister of Tourism and Sports of Thailand Phiphat Ratchakitprakarn during his first visit to the island.

There are no season restrictions for buying an apartment in Pattaya, but it is during the summer season that the maximum number of sales falls. And it doesn't just happen.

According to Property Monitor, the volume of transactions in the secondary real estate market in Dubai for the second quarter of this year increased by 5.8 percent, to 3.7 billion dollars.

The change in legislation on the mandatory use of escrow accounts had little effect on the cost of primary housing. Over the month, new buildings have risen in price by 0.6 percent on average in Russia and by 1.1 percent in Moscow.

In the first six months of this year, home sales in Turkey to foreigners reached a record high. In six months, investors from other countries bought real estate in Turkey worth $3 billion.

According to brokerage firm Luxhabitat, Palm Jumeirah and Emirates Hills are the most expensive areas in Dubai at the moment. It was here that the highest housing prices were recorded in the second quarter of this year.

Residents of Vladivostok will have access to the option of buying an apartment, which everyone dreams of - a mortgage without a down payment. In addition, mortgages will be issued at only 2 percent.

The apartment, located in Vladivostok, was included in the top ten largest real estate in Russia for sale.

Between May 2018 and April this year, the number of Russian tourists arriving in Asia jumped by 54.5 percent. The main reason is the increase in the number of direct flights to popular Asian resorts.

Russian President Vladimir Putin instructed the government to prepare proposals to subsidize the down payment on a mortgage to Russians or reimburse the interest rate.

According to the Turkish Statistical Institute, foreigners began to buy apartments in Turkey, in particular in Alanya. Home sales to foreigners in the first half of 2019 increased by 68.8 percent compared to the same period last year.

The State Duma adopted a law on monetary compensation for conscientious citizens who bought apartments with a "criminal record."

This year, Thailand began accepting applications for residency or citizenship a few months earlier than usual. Applications are accepted from July 1 to the last working day in December 2019.

The supply of apartments in Dubai will continue to exceed demand. Prices for apartments and rent are declining, creating favorable conditions for investors. This trend will not change until the end of 2019.

The share of Russians who expect lower prices for apartments has grown to 17 percent. This is three points higher than a few months ago.

The forced growth of mortgages may lead to a rapid exhaustion of the demand potential for the purchase of apartments in the primary market in the next seven to nine years. This is stated in the analytical note "Problems and risks of credit financing of housing construction", which was prepared by the Central Bank.

Since July 10, DOM.RF Bank has reduced rates on all mortgage products by more than one percentage point, the bank's press service reports.

The Department of Construction and Architecture of the Novosibirsk City Hall has developed a memo for developers and potential buyers of apartments in houses under construction.

The Real Estate Commission of the Society of Consumers of St. Petersburg and the Leningrad Region has compiled a memo for those who are going to buy an apartment in St. Petersburg. The document lists the main changes in the share legislation that came into force on July 1.