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

The Russians remain among the leaders in terms of the number of purchased apartments and houses in Turkey. In October, investors from Russia purchased 292 properties in Turkey.

According to experts, prices for apartments in Toronto are expected to rise by 6 percent next year. The reasons will be an increase in demand, an increase in employment and economic growth.

In October 2019, the Office of Rosreestr for the Novosibirsk Region registered 1,911 equity participation agreements in construction.

Sberbank announced a reduction in interest rates on mortgage loans for the purchase of an apartment, applications for which will be submitted from November 22, 2019.

Experts advise not to wait for a further reduction in the mortgage rate and not to postpone the purchase of an apartment in a mortgage.

Sberbank has reduced mortgage rates for the purchase of apartments in new buildings from 7.3 to 7.1 percent. The new rates came into effect on 8 November.

In the spring of next year, it is planned to adopt a law according to which municipalities of the Russian Federation will be able to buy apartments for emergency resettlement using escrow accounts.

VTB plans to lower the mortgage rate by 0.4 percentage points in early November. Under the basic programs, it will be possible to buy an apartment on a mortgage at a rate of 8.6 percent. For refinancing - from 9 percent.

The number of condo hotels in Phuket continues to grow rapidly. The island-wide supply is expected to exceed the 3,000 mark by 2021.

According to the Central Bank, the weighted average rate on mortgage loans for the purchase of an apartment in September decreased from 9.91 to 9.68 percent. Thus, the rate has almost returned to the level of the beginning of 2019.

Since October 28, Dom.RF Bank has reduced the mortgage rate under the Novostroyka program by 0.2 percentage points. The minimum rate will be 8.3 percent.

For the whole of 2019, more than 6,000 new apartments will be put up for sale in Phuket. The expected supply of apartments will be the highest since 2012.

Sberbank plans to scale the issuance of mortgages using virtual reality (VR) technologies.

You can sell an apartment in St. Petersburg in an average of 79 days. According to this indicator, the northern capital of Russia ranks sixth among million-plus cities.

Those wishing to buy an apartment in Dubai are waiting for a wide variety of new options. 15 thousand new apartments were put into operation in Dubai in the first half of this year.

Families with many children can receive a benefit of 450,000 rubles to repay a loan to buy an apartment. They can do this by personally contacting a branch of Sberbank with an application and relevant documents.

Russians currently take out a loan to buy an apartment for an average of 17 years. At the beginning of 2018, the average mortgage term was 14 years.

The world famous brand DoubleTree by Hilton has opened its second hotel in Thailand, and it is located in Phuket. The first one was opened in Bangkok.

From January to September, 1,020,079 sq. m. meters of housing or 14,270 apartments. This is 8.7 percent higher than last year's figure for the same period.

The real estate sector contributed 13.6 percent to Dubai's economy last year. This is twice as high as compared to 2017 - 6.9 percent.