In November, Tbilisi's residential property transactions significantly increased; growth of new mortgage issuance moved to the negative growth territory, during 1-12 December period and amounted -5%, relative to 2019, - reads the report "Tracking the Recovery" released by TBC Capital.
"In November, Tbilisi’s residential property transactions significantly increased, totaling 34%, relative to 2019. Moreover, it doubled during 1-9 December period(145%)", - the document reads.