Newly issued mortgages continue growth in November- TBC Capital writes in its recent report on tracking the Recovery.
According to the leading Investment Bank in Georgia, growth in newly issued mortgages on the residential real estate market carries on in November, and transaction registration in Tbilisi is maintained in the positive growth territory.
As TBC Capital’s report shows, of mortgages issued since July 6, 33.6% are beneficiaries of the state subsidy program up by 0.4pp compared to last week. The 7 days moving average YoY growth rate of the transaction registrations in Tbilisi remain in the positive growth territory up by 29% as of November 5.
