Despite worsening of the financial and economic situation, within 11 months of 2014 the volume of mortgage housing loans (MHL) (Rb 1530.3bn) exceeded by 22.2% and 30.2% in quantitative terms and monetary terms, respectively, the volume of MHL extended within the respective period of 2013. As of...

In Q1 2016, 224,000 flats were built totaling to 15.6 mn sq. m, which constitutes 84% of the floor space commissioned in Q1 2015. In Q1 2016, the volume of land mortgage loans extended to individuals exceeded by 52.8% the volume of land mortgage loans extended to individuals in Q1 2015 and its...

In January-August 2014, growth in mortgage housing lending continued. As of September 1, 2014, Rb 1.07trillion worth of 619,026 mortgage housing loans was extended; that is 27.47% and 36.33% more in quantitative terms and monetary terms, respectively, as compared to the respective period of 2013....

In H1 2014, 375,800 apartments with the total floorspace of 29.4m sq. m. were built which value amounted to 130.2% on the respective period of the previous year. In Q2 2014, the average actual cost of building of 1sq m of housing increased by 13.55% as compared to Q2 2013 and amounted to Rb...

Mortgage loans kept growing in Q2 2014. A total of Rb 434,8bn mortgage residential loans (MRLs) were extended in the period between April and June of the current year, up by 37.87% compared to the lending volume in Q2 2013, and a total of Rb 769,5 of MRLs were extended in the first half of the...

Within five months of 2014, as compared to the respective period of the previous year growth in the volume of mortgage housing lending amounted to 35.96% and 44.15% as regards the number of loans and their monetary value, respectively (the respective data of 2013 against 2012: 12.46% and 24.90%,...

This paper explores the effects of mandatory third-party review of mortgage contracts on consumer choice. The study is based on a legislative pilot carried out in Illinois in 2006, under which mortgage counseling was triggered by applicant credit scores or by their choice of ldquo;risky...

The Gordon Growth Model is used to derive widely differing fundamental values of the same gross rental yield for six hypothetical housing purchasers listed in declining order of magnitude: a fully funded consumer with a marginal tax rate of 40%, a fully funded buy to let investor with a marginal...

This paper investigates the incentives of agents working with buyers (buying agents) under the fixed percentage commission system (FPCS) and the implications on housing market outcomes. Our model shows that the FPCS without a binding contract between the buyer and the buying agent could produce...