Head of the Association of Russian Banks requires the state to support the development of an affordable mortgage
Posted on Jul 17, 2012
The head of the Association of Russian Banks (ARB) Tosunyan said that normal mortgage rates will be possible only when the banking sector will be treated the money from public funds. In the meantime, the share of mortgage loans does not exceed 5%, and the minimum rate is 11%, which is not enough to provide housing for the...Muscovites get rid of dollars and buying real estate
Posted on Jul 14, 2012
Operators of the real estate market made forecasts for next year. General attitude of experts optimistic: Moscow apartments becoming more expensive and will be more expensive. In 2003 alone, prices rose by 30% – 35% in dollar terms. Given the fall in the U.S. currency, the ruble rate of about 25%, write...
St. Petersburg protest the 300-meter “Gazprom” opposite Smolny
Posted on Jul 12, 2012
For the construction of a complex of office buildings in St. Petersburg “Gazprom” has acquired Petrozavod industrial area, opposite the Smolny Convent upstream Neva Okhta Bridge. According to the Chairman Alexey Miller and Governor Valentina Matviyenko There should be a “architectural masterpiece” and,...
The Ministry of Finance intends to oblige the owners of apartments to pay for the land under the houses
Posted on Jul 9, 2012
Owning an apartment could soon become quite burdensome not only because of the introduction of a planned, but not yet received a clear legislative registration tax on property. The Ministry of Finance has confirmed that prior to the enactment of the new tax (which should combine taxes on property and land) apartment owners have...
The global real estate go up tired
Posted on Jul 7, 2012
International consulting company Knight Frank has published the results of traditional research Global House Price Index, which tracks changes in property prices in 32 countries. These rating of Knight Frank shows the situation for a year – since the beginning of the fourth quarter 2005 to third quarter 2006, inclusive....