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Record in the Novosibirsk region: 8.5 thousand mortgage transactions in July

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Рекорд в Новосибирской области: 8,5 тысячи ипотечных сделок в июле

Record in the Novosibirsk region: 8.5 thousand mortgage transactions in July

Almost 8.5 thousand mortgages were registered in the Novosibirsk region in July. This is the highest figure in the region since December 2018.

Compared to June, in which 5,191 credits were issued for purchase apartments in the Novosibirsk Region, the growth of mortgage transactions last month amounted to 63 percent. Compared to July last year, the growth is 39 percent: 6,061 mortgage was registered in July 2019 and 8,447 mortgages – in July 2020.

In total, since the beginning of 2020, 40.2 thousand mortgages have been registered in the Novosibirsk Region, which is 1 percent more than in seven months of last year (39.8 thousand).

The growth in the number of mortgage transactions in 2020 is facilitated by the state program for the provision of preferential mortgages at 6.5 percent per annum. The program was launched in mid-April, and the first transactions in the Novosibirsk region were registered in early May. Over the past three months of the program, 750 preferential mortgage lending agreements have already been registered in the region, which is 4 percent of the total number of all
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