In June, VTB increased mortgage lending by 48 percent compared to the same period last year.
MoreSberbank announced a decrease in interest rates on mortgage loans for the purchase of an apartment by 0.5 percentage points.
MoreNovosibirsk was in 17th place in terms of the rate of appreciation of apartments in new buildings. The cost per square meter increased by 5.3 percent over six months, to an average of 73,496 rubles per square meter.
MoreAs a result of the easing of restrictions on movement imposed due to the coronavirus, housing in Dubai began to rise in price again. Over the past month, the cost of apartments in Dubai has increased by 0.54 percent.
MoreApartments in Turkey in April rose in price by 5.2 percent year on year.
MoreAverage mortgage rates at the end of June in the primary real estate market in Russia reached the level of 8.7 percent per annum.
MoreThe size of the average mortgage loan in Russia began to grow again. In May, growth amounted to 2.9 percent against a fall of 8.2 percent in April.
MoreIn the first quarter of this year, total apartment sales in Singapore increased by 14.1 percent year on year to 4,269 transactions.
MoreAccording to experts, by the end of 2020, average mortgage rates in Russia may reach a historic low.
MoreApartment prices in Canada rose by 2.92 percent during the year to the first quarter of 2020. This is the best result since the first quarter of 2018.
MoreOn Tuesday, Russian President Vladimir Putin launched an initiative to extend mortgages at a rate of 6.5 percent for the purchase of new buildings worth up to 6 million rubles (now 3 million), and in Moscow and St. Petersburg - up to 12 million (now 8 million).
MoreIn the first quarter of 2020, apartment prices in Singapore rose by 2.4 percent year on year.
MoreOn June 22, VTB launched its own mortgage program for families with children when buying an apartment in the primary and secondary markets.
MoreThe average mortgage rate in Russia fell in May to a new all-time low of 7.4 percent. A third of all loans last month were issued under a new preferential program for the purchase of apartments in a new building at 6.5 percent.
MoreFrom January to March 2020, housing prices in Thailand rose by 5.69 percent year on year. This is a record high since the first quarter of 2018.
MoreThe Central Bank announced a reduction in the key rate from 5.5 percent to 4.5 percent, updating its historical minimum. The key rate was reduced immediately by one percentage point for the first time in five years.
MoreMore than half, or rather 59 percent, of 30-year-old Russians plan to buy their own housing in the near future, online polls show.
MoreSberbank has reduced the down payment on a mortgage with state support for the purchase of an apartment in a new building from 20 percent to 15 percent of the property value.
MoreThe Thai government has decided to reduce property tax by 90 percent for the whole of 2020.
MoreMortgage rates in Russia have reached their lowest levels since 2018. According to Dom.RF, the average weighted offer rate of the top 15 mortgage banks on market products for new buildings is 8.48 percent, for finished housing - 8.72, for refinancing - 8.57.
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