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

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.

According to a study by HSBC Group analysts, Canada is one of the top three countries for expats to work and live. Leading the ranking Switzerland has risen by seven positions in a year. Singapore, which held the first place last year, moved down one line.

Novosibirsk is in 26th place in Russia in terms of rising prices for new buildings. Over the first six months of this year, new housing in Novosibirsk has risen in price by 3 percent - from 61,711 rubles to 63,651.

The Dubai Lands Department (DLD) has announced the launch of a new initiative aimed at attracting a large number of investors to real estate in the emirate.

Thailand is one of the top three countries for remote work, according to Russians.

On July 1, 2019, the law on project financing came into force in Russia, according to which the purchase of an apartment in a house under construction will follow the new rules. From now on, developers are prohibited from attracting money from equity holders for housing construction. When buying an apartment, citizens will make all payments through special escrow accounts in authorized banks. Construction companies will not be able to use this money until the end of the work, they will be credited by banks.

In the Novosibirsk Region, activities for the issuance of state housing certificates for 2019 have been fully completed. The total amount of certificates issued for the region amounted to 135.55 million rubles.

In the first four months of 2019, the number of tourists arriving in Phuket was over 6.14 million, up 1.4 percent from the same period last year.

According to Deputy Finance Minister Alexei Moiseev, the transition to project financing of construction will not cause real estate prices to rise.

400 foreign investors have already received a permanent residence permit in the United Arab Emirates. Mohammed Ahmed Al-Marri, Director General of the Directorate-General for Foreigners' Residence (GDFRA) in Dubai, stated this.

Russian investors are among the top three most active buyers of apartments in Turkey. Iraqis top the list, followed by Iranians. The top six also includes investors from Afghanistan, Saudi Arabia and Germany. This is evidenced by the data of the Turkish Statistical Institute.

Sales of apartments in Canada began to grow for the first time in two years. According to the Canadian Real Estate Association (CREA), transactions rose 4.2 percent in April from a year earlier.

The Ministry of Construction, Housing and Communal Services is ready to allow equity holders to purchase apartments in installments using the mechanism of phased replenishment of escrow accounts. This was stated by the head of the ministry Vladimir Yakushev.

A Siberian company with an international name GZHA.rf has launched a pilot project for realtors! From June 1 to August 31, 2019, for each transaction, starting from the fourth transaction per month, the realtor receives 99 percent minus legal fees!

In GZHA.rf, it became possible to buy an apartment with the help of a mortgage at a rate of 5 percent per annum. You can do this within the framework of Mortgage Thursday, which will be held on June 20 from 10 am to 8 pm at Novosibirsk, Derzhavina St., 5. Come to Mortgage Thursday, check your credit history and get money to buy a new apartment.