Interesting to see the effect of mortgages on FSU real Estate markets. Tycoons Make Billions From Russian Property in Pandemic Boom 2021-09-24 06:00:00.9 GMT By Alex Sazonov (Bloomberg) — Russia’s property tycoons are minting vast fortunes after a government move to boost the market during the pandemic helped spur a housing boom. Sergey Gordeev, the […]
The net profit of Ukrainian banks was valued at UAH 45.6 bln ($1.7 bln) in January-August 2021, which is UAH 13 bln ($0.48 bln) more than in the same period in 2020. This announcement which was posted by the NBU on its Telegram channel concluded that the 40% increase in profitability illustrates the healthy returns in […]
Govt. preparing to issue govt bonds for $748 mln to develop mortgage. According to Prime Minister Denys Shmyhal: “After the completion of the merger [of the State Mortgage Institution and Ukrfinzhytlo], we are preparing a bond issue worth about UAH 20 billion so that mortgage programs are available to as many Ukrainians as possible.” The […]
According to the rating of Best Cities Reports 2021, Kyiv rose from 139th to 87th place. For the first time, the Ukrainian capital was included in the top-100 Best Cities lists. The cost of construction has risen At a panel discussion, Anna Laevska, Commercial Director of Intergal-Bud, that the cost of housing construction has increased. […]
Banks issued $135 million in home mortgages during the first half of this year – more triple the amount of January-June 2020, reports the National Bank of Ukraine. Spurring the flow of money, the government adopted March 1 its ‘Affordable Mortgage 7%’ program. Under this program, up to $75,000 can be loaned for up to 20 […]