Real Estate Market and Mortgage: Status and Prospects
In September, the Bank of Russia raised the key rate, followed by an increase in mortgage costs. Moreover, the regulator introduced surcharges when issuing loans with a low down payment or a high level of credit burden. In turn, the preferential mortgage program is expected to end by June 1, 2024. The network of Professionals EMCR and the informational-analytical news line EMCR News are organizing a roundtable to discuss how these factors might affect the real estate market.
Topics:
• Is there an "overstocking" in the real estate market;
• Is there a need for preferential mortgages, and what will happen to the market if they are canceled;
• How effective are the Central Bank of Russia's restrictive measures;
• What is happening with developers and banks;
• Existing trends in the real estate market.