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Bashkortostan Economy

Bashkortostan Ranks Second in Russia for New-Build Sales Growth

Source: Bashinform ·

Bashkortostan Ranks Second in Russia for New-Build Sales Growth
Photo: Bashinform

Bashkortostan recorded the second-highest growth in new-build housing sales in Russia in September, according to data from Dom.RF. Developers in the region sold 41% more future housing in September than in the same month a year earlier.

Only Leningrad Region posted faster growth, at 63%. Moscow Oblast ranked third with a 28% increase. In Moscow, sales fell by 27%.

The family mortgage terms also changed on October 1. Interest rates now vary depending on the number of children, while the loan amount depends on the region of residence.

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This story was automatically summarised and translated from Bashinform. All rights to the story belong to its source.

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