International News

Crimean real estate no longer of interest to buyers

Crimean real estate no longer of interest to buyers

Source: Yahoo! --- According to the Restate platform, apartments are sold for an average of RUB 169,000 per square meter ($2,300 at the official exchange rate). This is still more expensive than apartments in new business-class buildings in Kyiv, which are subject to...

Global property market faces $175 billion debt spiral

Global property market faces $175 billion debt spiral

Source: Crain's Chicago Business ---  (Bloomberg)—The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil across the economy. Almost $175 billion of real estate credit is...

Average mortgage rate: Everything you need to know

Average mortgage rate: Everything you need to know

Source: MPA Mag ---  Mortgage rates depend on numerous factors, including the broader economic outlook and the individual borrower. Therefore, mortgage rates can fluctuate wildly not only within the same year—but within the same week, as well. In 2022, for example,...

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