The preferential mortgage led to housing rise in price in Yekaterinburg for 7%

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The state program of a preferential mortgage led to a housing rise in price in Yekaterinburg. The president of the Ural chamber declared real estates it on press conferences Soboleva Ilona. Under the terms of the state program, rates on the mortgage loans for a wide range of buyers make no more than 6,5% per annum. This situation stimulated a rise in prices for apartments, but not growth of constructions new housing. "Due to the increase in demand for new buildings with state participation the offer does not get on well at a mortgage behind demand. Following the results of the new building first half of the year in Yekaterinburg rose in price for 7%" — Soboleva Ilona emphasized...

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