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The socioeconomic importance of housing and its medium- and long-term investment returns requires a significant effort to predict future dynamics to ensure that the different real estate market agents make the best decisions. Furthermore, the territory structure and the lack of information and...
Persistent link: https://www.econbiz.de/10011491300
According to the data released by the Bank of Russia, as of July 1, 2016, the number of credit institutions issuing …
Persistent link: https://www.econbiz.de/10012952682
Over the past two years, the cost of housing and community amenities has been growing at a moderate rate. Due to financial problems, one in every ten households delayed paying its bills, or paid them only in part. The volume of housing and community amenities payments in arrears remained the...
Persistent link: https://www.econbiz.de/10012955637
In 2014, the volume of housing mortgage lending (HML) in the Russian Federation continued to grow despite the development of crisis phenomena in the Russian economy. The volume of housing mortgage credits (HMC) allotted in 2014 (Rb 1.762 trillion) was 30.18% above the same index for 2013, while...
Persistent link: https://www.econbiz.de/10013025209
The article is devoted to the role of the state in the housing market in Russia. The main role of the Government is to … activities will be outlined in the article. We will provide a brief history of mortgage lending sector in Russia and investigate … mortgage markets outlining the effects of changes in legislation and the strategy of development of mortgage lending in Russia …
Persistent link: https://www.econbiz.de/10012982726
This article studies the evolution of housing rents in St. Petersburg between 1880 and 1917, covering an eventful period of Russian and world history. We collect and digitize over 5,000 rental advertisements from a local newspaper, which we use together with geo-coded addresses and detailed...
Persistent link: https://www.econbiz.de/10012892025
This article studies the evolution of housing rents in St. Petersburg between 1880 and 1917, covering an eventful period of Russian and world history. We collect and digitize over 5,000 rental advertisements from a local newspaper, which we use together with geo-coded addresses and detailed...
Persistent link: https://www.econbiz.de/10012892821
In Q2 2013, the monthly weighted average interest rate on ruble-denominated housing mortgage loans was no longer on the rise, after a more than year-long period of growth: the interest rate for June was 12.6% against its record high of 12.9% in March 2013. The volume of housing mortgage lending...
Persistent link: https://www.econbiz.de/10013074779
Last year, the Russian real estate market was fully affected by the shocks that hit the domestic economy, passing through several phases. The first months were marked by the continued growth of real estate prices with a shortage of supply. The mechanism of government mortgage support worked out...
Persistent link: https://www.econbiz.de/10014353621
The past year in the Russian real estate market was unique. Some of the trends that emerged earlier have noticeably intensified (the decline in the developers’ profitability, the digitalization of technical and business processes, increase in size and consolidation of the industry as a...
Persistent link: https://www.econbiz.de/10013215915