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%.
MoreSberbank expects mortgage growth by 12-14% next year, while not seeing significant risks for the real estate market.
MoreAfter a two-year decline, Canada's housing market is growing again at a tremendous pace. Home sales in Canada hit new records.
MoreMortgage lending in Russia as of the beginning of December in annual terms increased by almost a third.
MoreResidential property prices in Dubai rose by 21 percent in the first 10 months of 2021.
MoreThe rate on loans to buy an apartment in Russia fell to 7.59 percent in November. This is the lowest figure since June 2021.
MoreThe down payment on a number of Sberbank mortgage products has been reduced to 10 percent.
MoreThe 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.
MoreLocal experts are seeing an increase in activity in the Phuket residential real estate market. Housing in Phuket is again beginning to interest foreign buyers.
MoreIn 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.
MoreIn 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.
MoreIn 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.
MoreAccording to the official forecast of the Central Bank of the Russian Federation, the growth rate of mortgages in 2021 will be 23-27 percent.
MoreA third of apartments in new buildings in Moscow are bought by residents of other regions.
MoreAccording 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.
MorePrices for apartments in Russia since 2000 have increased tenfold in ruble terms.
MoreAccording 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.
MoreIn 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.
MoreMore 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.
MoreThe 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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