Market news

THE BANK OF RUSSIA IS AGAINST PREFERENTIAL MORTGAGES ON NEW BUILDINGS, BUT IT SUPPORTS TARGETED PROGRAMS

THE BANK OF RUSSIA IS AGAINST PREFERENTIAL MORTGAGES ON NEW BUILDINGS, BUT IT SUPPORTS TARGETED PROGRAMS The head of the Central Bank OF rUSSIA, Elvira Nabiullina, made a statement on the completion of the preferential mortgage program with state support by the summer of 2024. This decision was made at a meeting of the Board of Directors of the...
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THE CHEAPEST AND MOST EXPENSIVE APARTMENTS IN KHRUSHEVKI OF ST. PETERSBURG HAVE BEEN FOUND

THE CHEAPEST AND MOST EXPENSIVE APARTMENTS IN KHRUSHEVKI OF ST. PETERSBURG HAVE BEEN FOUND   In March 2024, 1.1 thousand apartments in houses commonly called "Khrushchevki" are being sold on the secondary housing market in St. Petersburg. This was reported to «Stroygazeta» by the press service of the «Nevsky Prostor»...
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Laws coming into force on March 1st

Laws coming into force on March 1st : mortgage and house manager In this article we will talk about what changes await us from the beginning of March. The first news is that the Central Bank has decided to tighten the requirements for issuing mortgages. Since March 1, the Bank of Russia has been increasing premiums to risk ratios on mortgage...
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Permission from the guardianship authorities for the sale of real estate

Did you decide to take up real estate, but it turned out that the deal concerns underage? If you are not aware that certain transactions with property owned by minors or persons under guardianship or trust require the permission of their guardians or trustees, such situations can cause significant difficulties. Let's figure out when we need to...
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The «Family Mortgage» program in 2024: requirements for the borrower

The «Family Mortgage» program in 2024: requirements for the borrower The «Family Mortgage» program is one of the preferential programs provided to citizens of the Russian Federation for the purchase of housing. Valid until July 1, 2024, it provides an opportunity to get a loan at a preferential rate and has a high...
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On January 25, Russia celebrates Student's Day

On January 25, Russia celebrates Student's Day, a holiday that unites thousands of students all over the country. This day has deep historical roots and is associated with special traditions that are passed down from generation to generation. The history of this holiday dates back to 1755, when Empress Elizabeth of Russia signed a decree "On the...
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Maternity capital in 2024

Starting from February 1, 2024, maternity capital in Russia will increase by 7.5%. This is an important increase for many families who rely on additional state support for the birth or adoption of children. Maternity capital is the state social program, which was introduced in 2007 to support Russian families. The program has undergone changes,...
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January 18, 1943 was a turning point in the history of Leningrad

January 18, 1943 was a turning point in the history of Leningrad, past name of Saint – Petersburg. On that day, the siege was breached. This historical moment is of great importance for Leningrad citizens and is still celebrated as a day of remembrance and mourning. Breaching the siege has become a symbol of hope and survival. The news of...
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Prices for long-term rental housing in St. Petersburg increased by 25% over the year

Prices for long-term rental housing in St. Petersburg increased by 25% over the year This was caused by a 70% increase in demand and a reduction in supply Rental housing in St. Petersburg continued to grow at the end of 2023. The average rental rate for a one-room apartment has reached 35,100 rubles per month, while the cost of a two-room...
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Consumer preferences in the St. Petersburg real estate market

Consumer preferences in the St. Petersburg real estate market have undergone certain changes, reflecting new trends and customer needs in 2023. Buyers of apartments in new-build quarter have become more demanding and are focused not only on the residential complex itself, but also on its location, infrastructure and landscaping. One of the main...
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