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Singapore has raised the tax on the purchase of housing by foreigners

For the third and subsequent houses, Singapore citizens will now pay 25% purchase tax, up from 15%, and the rate for permanent residents will double to 30%. The purchase tax for foreigners without permanent resident status will increase to 30% from 20%.

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Sberbank expects mortgage growth in 2022 by 12-14 percent

Sberbank expects mortgage growth by 12-14% next year, while not seeing significant risks for the real estate market.

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Home sales in Canada hit new records

After a two-year decline, Canada's housing market is growing again at a tremendous pace. Home sales in Canada hit new records.

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Mortgage lending in Russia increased by 30% over the year

Mortgage lending in Russia as of the beginning of December in annual terms increased by almost a third.

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Housing in Dubai has risen in price by 21 percent since the beginning of 2021

Residential property prices in Dubai rose by 21 percent in the first 10 months of 2021.

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Mortgage rates in Russia fell to a minimum since June

The rate on loans to buy an apartment in Russia fell to 7.59 percent in November. This is the lowest figure since June 2021.

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Sberbank has reduced the down payment on a number of mortgage products

The down payment on a number of Sberbank mortgage products has been reduced to 10 percent.

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During the pandemic, the demand of Russian-speaking property buyers in Dubai has doubled

The coronavirus pandemic did not affect the interest of buyers from Russia in residential and commercial real estate in Dubai. Moreover, the demand for real estate in Dubai among Russians has more than doubled.

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Housing market in Phuket is recovering

Local experts are seeing an increase in activity in the Phuket residential real estate market. Housing in Phuket is again beginning to interest foreign buyers.

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Demand for small-sized secondary housing jumped in Russia

In Russia, in the third quarter of 2021, demand for small-sized housing (less than 30 square meters) jumped sharply. On average, demand in the country increased by 47 percent in the secondary market and by 7 percent in the new building market compared to the same period last year.

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Issuance of mortgages in Moscow for 11 months increased by a quarter

In Moscow, from January to November of this year, 114,000 mortgage loans were registered for the purchase of an apartment. This is 25 percent more than in the same period last year.

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In Turkey, apartment sales to foreigners jumped by 50 percent

In November, sales of apartments and houses in Turkey to foreigners rose by 48.4 percent year on year. This is a record for the entire history of observations of the Turkish Statistical Institute.

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The Central Bank expects mortgage growth in 2021 by 23-27 percent

According to the official forecast of the Central Bank of the Russian Federation, the growth rate of mortgages in 2021 will be 23-27 percent.

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A third of apartments in new buildings in Moscow are bought by residents of the regions

A third of apartments in new buildings in Moscow are bought by residents of other regions.

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The average mortgage term in Russia reached a historical maximum

According to the Bank of Russia, the average mortgage term in the country reached a historical maximum in September 2021. On average, a Russian citizen spends 20 years and 6 months to pay off a loan to buy an apartment.

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Apartments in Russia for 20 years have risen in price ten times

Prices for apartments in Russia since 2000 have increased tenfold in ruble terms.

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Thai property market to recover earlier than expected

According to experts, the real estate market in Thailand will return to the level it was before the start of the coronavirus pandemic by the end of 2023.

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Novosibirsk in October began to actively buy real estate

In October, in Novosibirsk, for the first time in three months, an increase in transactions for buying an apartment on a mortgage was recorded. Rosreestr's Office for the Novosibirsk Region registered 8,935 mortgage transactions.

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More than half of Russians plan to take out a mortgage

More than half of Russians - 52 percent - plan to take out a mortgage in the future. About a third of them hope to meet the 3-5 million rubles.

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In Novosibirsk, a square meter of secondary housing has risen in price by 21 percent over the year

The average cost per square meter of housing in the secondary real estate market in Novosibirsk increased by 21.4 percent over the year. Monthly growth was 2.2 percent.

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