Mortgage loans for individual housing construction (IZHS) will begin to be issued in Russia in 2021, but the interest rate will be higher than usual.
MoreThe start of a pilot project for issuing a digital mortgage in Russia is scheduled for May 2021, according to a press release from the Association of Banks of Russia (ADB).
MoreIn February 2021, 147 thousand mortgage loans were issued in Russia for the purchase of apartments for a total amount of 410 billion rubles. This is 36 percent more than in February 2020 in quantitative terms and 53 percent more in monetary terms.
MoreIn January 2021, 49,000 equity participation agreements (DDUs) were registered in Russia. This is 15 percent more than in January last year, but about half as much as in December.
MoreRussian banks issued 86 thousand mortgage loans in January 2021, thus increasing the issuance of mortgages by 11 percent compared to the same period last year.
MoreAccording to experts, the Phuket real estate market continues to develop, despite the large number of unsold apartments on the island in 2020.
MoreIn the last quarter of last year, residential real estate prices in Singapore rose by 2.1 percent. According to Bloomberg, this is the biggest increase since the end of 2018, when apartments in Singapore rose by 3.4 percent.
MoreThe number of mortgage loans that Russians received in January for the purchase of apartments was a record high compared to similar periods in previous years.
MoreMortgage rates are unlikely to drop in 2021. Current rates for the purchase of an apartment are at a minimum level.
MoreBuyers of real estate in Thailand will receive Thailand Elite premium visas from the state for free or at a discount for two years.
MoreThe cost of housing in Thailand has been rising year on year for 13 quarters in a row. In the third quarter of last year, average residential property prices in the Kingdom increased by 5 percent year on year.
MoreIn the first 11 months of 2020, 3.1 million mortgage agreements were registered in Russia, which is 15 percent more than in the same period of the previous year.
MoreSpeaker of the Federation Council Valentina Matvienko advocated the active development of digital mortgages, as well as the expansion of the program of preferential mortgage loans for secondary housing.
MoreIn Russia, between January and October 2020, the number of registered mortgage transactions increased by 23 percent compared to the same period last year and amounted to 2.6 million.
MoreThe expert told how you can save on mortgages with the help of a preferential rate, despite the fact that apartment prices have grown.
MoreIn the third quarter of 2020, 7,047 houses and apartments were sold in Singapore, up 164.5 percent from the second quarter (2,664).
MoreOn Thursday, October 22, Russian Prime Minister Mikhail Mishustin announced the decision to extend the preferential mortgage program at 6.5 percent until July 1, 2021.
MoreThe Thai authorities have allowed foreign owners of local property to enter the country. To do this, you must provide a certificate of ownership, as well as prove the availability of funds.
MoreThere is a real boom in the mortgage market in Russia. Over the first three quarters of 2020, more than 1 million mortgage loans were issued for a total of 2.7 trillion rubles.
MoreThe median selling price of condos and homes in Toronto jumped 20 percent year on year. The average price at which you could buy an apartment or house in Toronto in August was $951,404, up $7,738 from July.
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