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

A third of Russians decided to improve housing after self-isolation

After the lifting of restrictions related to the coronavirus, a third of Russians intend to improve their living conditions.

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Demand for apartments in St. Petersburg grew by 17% in the first half of the year

In St. Petersburg, in the first half of 2020, developers sold 2.6 thousand apartments, which is 17 percent more than in the first half of last year.

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Russians may be temporarily exempted from paying tax after the sale of an apartment

Russians who sold economy-class apartments in 2020 may be exempted from paying personal income tax (PIT) to the budget.

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Singapore to build world's tallest prefabricated skyscrapers

Singapore will have the tallest skyscrapers built using the prevailing pre-fabrication volume.

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iOS owners are more likely to take out a mortgage than Android users

Owners of gadgets on the iOS platform are almost twice as likely to take out a mortgage than Android users.

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Down payment on preferential mortgage reduced to 15 percent

Prime Minister Mikhail Mishustin signed a decree on reducing the down payment on preferential mortgages from 20 to 15 percent.

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Rolls Royce, Ferrari and Harley-Davidson are gifts in Dubai for the purchase of a villa

The buyer of the luxurious Palm Jumeirah mansion in Dubai, put up for sale for $ 32.67 million, will receive an unusual bonus.

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Banks are less likely to refuse mortgages

With the lifting of restrictions imposed in connection with the coronavirus pandemic, mortgage approval rates returned to pre-crisis levels of 78-80 percent in June.

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The average mortgage rate for new buildings reached 8.58 percent

The average rate on mortgage loans for the purchase of an apartment in a new building in Russia at the end of July is 8.58 percent per annum.

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Apartments in Singapore are getting more expensive despite the pandemic

According to the Urban Renovation Agency, apartments in Singapore have risen in price by 0.3 percent in three months.

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Toronto condo sales jump 84 percent

The number of transactions with the sale of apartments in Toronto for the month, from May to June, increased by 83.8 percent.

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The Central Bank cut the key rate to a new historical low

The Central Bank lowered the key rate by 0.25 percentage points, from 4.5 to 4.25 percent per annum. This is the third rate cut since the beginning of the pandemic and a new historical low of its value.

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Gazprombank lowered interest rates on preferential mortgages

Gazprombank has lowered interest rates on several mortgage programs that are subsidized by the state.

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Russians began to take more money for mortgages

The average size of a mortgage loan for the purchase of an apartment in Russia in June 2020 amounted to 2.49 million rubles, an increase of 1.3 percent compared to May.

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Mortgage rates continue to fall

The Central Bank expects mortgage rates to continue to fall. At the same time, it is quite possible that the uncertainty in the economy will contribute to a drop in the population's demand for housing loans.

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Dubai home sales up 60% in June

Home sales in Dubai rose by more than 60 percent in June. With the easing of restrictions imposed due to the pandemic, stability is returning to the Dubai property market.

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Mortgages are back on the rise

Mortgages in Russia, which slowed down during the pandemic, like other types of lending, began to return to growth.

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Almost 40 percent of Russians called the current moment suitable for buying an apartment

The number of Russians who consider the current moment favorable for buying an apartment continues to grow for the second month in a row.

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More than 95% of mortgages for new buildings were issued under state-supported programs

According to the results of May, more than 95 percent of loans for the purchase of an apartment in a new building were issued under state-supported programs.

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Houses in Toronto have risen in price by 12 percent, despite the pandemic

Home sales in Toronto are recovering after the coronavirus pandemic. The median home price in Toronto rose nearly 12 percent in June.

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