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New mortgage issuance down in April compared to 2019 – TBC Capital

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Natia Taktakishvili
30.04.21 15:00
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TBC Capital published a new report. According to the report, new mortgage issuance weakened, following sharp increase in March.

The value of new mortgages issued decreased by -22.8% in the period of 1-27 April , compared to 2019 – TBC Capital reports.

In addition, Tbilisi’s residential real estate transactions displayed an 9.2% increase in the period of 1-22 April, relative to 2019.