ARTICLES LABELLED WITH TAG mortgage

News "2% Safe Mortgage" has destabilised Poland's housing market
03
Jan
2024

"2% Safe Mortgage" has destabilised Poland's housing market

by Michał Poręcki
The “2% Safe Mortgage” housing loan subsidy programme introduced by Poland's Law and Justice (PiS) party has caused housing prices in Poland to shoot into space. However, the new government in Warsaw cannot abolish it, as a spike in demand could shake up the entire domestic property development industry.
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News Hungary's resi market in 2023 to copy results of 2022
02
Oct
2023

Hungary's resi market in 2023 to copy results of 2022

by Property Forum
The number of transactions this year is likely to catch up with last year's results, brokerage firm Duna House reports. 
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News Mortgage loans in Romania up 10% in H1 2023
30
Aug
2023

Mortgage loans in Romania up 10% in H1 2023

by Property Forum
The volume of new mortgage loans in Romania rose by 10.2% to 2.5 billion lei (€506 million) in H1 2023 compared to the same period of last year, of which refinancing operations had a 25% share, according to a report by SVN Romania | Credit & Financial Solutions. 
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News Suburbs see higher interest among Polish home buyers
07
Aug
2023

Suburbs see higher interest among Polish home buyers

by Property Forum
In the first half of 2023, over 93% of powiats around large cities in Poland showed an increase in interest in apartments for sale following the easing of conditions for granting mortgage loans, according to Otodom data.
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News February brings slight recovery in Hungary's residential market
01
Mar
2023

February brings slight recovery in Hungary's residential market

by Property Forum
Transactions have increased but the general mood remained very cautious across all regions of the country, Duna House Group (DHG) reports.
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News Hungarian housing market shows further decline in October 
02
Nov
2022

Hungarian housing market shows further decline in October 

by Property Forum
There were only 8,326 residential transactions closed in Hungary in October 2022 which is the lowest figure for the month since 2012, brokerage firm Duna House reports.
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News Housing demand in Poland is shrinking
01
Aug
2022

Housing demand in Poland is shrinking

by Property Forum
In the second quarter of this year, a total of 9,200 new apartments were sold in the six largest markets, 11.7% less than in the previous quarter and as much as 53% down on the same period in 2021. The drop in sales is mainly due to higher mortgage interest rates and tighter credit rating regulations. As shown in the JLL report which summarises the previous quarter, despite the reduced interest in purchasing flats in the market, housing prices continued to rise.
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News House prices reach record high in Hungary 
18
May
2022

House prices reach record high in Hungary 

by Property Forum
House prices in Hungary have reached a new record in 2021. In Q4 2021, the biggest jump occurred in secondary cities compared to the last quarter of 2020 (25% year-on-year) followed by Budapest (11% year-on-year), the National Bank of Hungary (MNB) reports.
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News Mortgage loans in Romania at 8.6% of GDP
12
Apr
2021

Mortgage loans in Romania at 8.6% of GDP

by Property Forum
The market for mortgage loans was dynamic in 2020 and this trend is continuing in early 2021, while the segment of consumer loans is narrowing, says Sergiu Oprescu, President of the Association of Romanian Banks (ARB). 
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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