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

Novosibirsk has become a leader in terms of the growth rate of the average cost of residential real estate in the secondary market. At the end of 2018, the capital of Siberia ranks second in Russia in this indicator.

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Novosibirsk ranks third in terms of the intensity of price increases for suburban housing among Russian cities with a population of one million. In 2018, the cost of 1 square meter of suburban housing increased by 5.4 percent, that is, up to 31,063 rubles.

The average size of a mortgage loan in the Irkutsk region in the fourth quarter of 2018 amounted to 1.98 million rubles. Thus, this figure increased by 16.5 percent compared to the same period last year.

The real estate market in the UAE continues to experience problems at the beginning of 2019. To date, the average cost of an apartment in Dubai is already 330 thousand dollars and is likely to fall even more.

According to the forecast of the head of Sberbank German Gref, rates on all types of loans, including mortgages, will begin to decline by the end of 2019.

In 2018, 454,814 housing units were left unclaimed in Thailand, totaling $41 billion.

Novosibirsk ranks seventh in Russia in terms of the intensity of price growth dynamics per square meter of housing in new buildings. The cost of apartments in new buildings of "millionaire" cities, which traditionally include Moscow, St. Petersburg, Kazan, Volgograd, Novosibirsk and others, was estimated.

At the end of 2018, the number of mortgage transactions in the Novosibirsk Region increased by 24 percent compared to 2017. The total number of mortgages amounted to 84.9 thousand.

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In 2019, 850 million rubles will be allocated from the federal budget for the implementation of the national project "Housing and Urban Environment" in the Novosibirsk Region. This is one and a half times more than last year.

In 2019, new laws will come into force in the UAE, which, according to experts, will increase the demand for real estate. In particular, the full ownership of companies based in the Emirates, which is currently limited to free zones, will be introduced. New long-term visas for up to 10 years for investors, entrepreneurs and professionals working in the field of medicine, science or research will also come into force.

According to studies, 44 percent of Russian residents need to improve their living conditions. The total area of ​​this housing is about 1.2 billion square meters. It will take 15 years to meet this demand at the current pace of construction.

In 2018, in St. Petersburg and suburban areas of the Leningrad region, developers sold a record volume of residential real estate for the last four years - 4.8 million square meters. The main reasons for high demand were low mortgage rates, uncertainty in legislation, the expectation of rising prices and fluctuations in exchange rates.

In early 2019, banks will continue to raise mortgage rates. On average, the cost of loans for the purchase of real estate will rise by 0.25-0.5 percent.

Demand for real estate in Turkey over the past two years has grown almost four times, in Bulgaria - two and a half times, in Germany, the Czech Republic, Cyprus and Montenegro - about two times.

The past 2018 was a very successful year for the secondary real estate market in Dubai. While under-construction home sales were down 32 percent from 2017, residential real estate transactions were up.

From January to November 2018, the Kingdom received nearly 34.5 million foreign tourists, up 7.5 percent from the same period last year, according to the Thai Ministry of Tourism and Sports. The total income from tourists increased by 9.8 percent and amounted to $56.4 million.

According to the National Bureau of Credit Histories (NBKI), in November 2018, the average size of a mortgage loan in Russia increased by 15.5 percent compared to the same period last year and reached a record high of 2.34 million rubles. In November 2017, this figure was 2.03 million.

Dubai Land Department (DLD) CEO Sultan Butti Bin Majren said a big wave of real estate transactions is expected in 2019. In the last two weeks of 2018, the department recorded an increase in home sales contracts: 2,081 transactions totaling $5.2 billion.