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Edgaras Savickas proposes to cool the real estate market with twice the initial contribution for those who buy a second home on 28 September 2021 at 10:36 The Bank of Lithuania proposes to tighten the down payment requirement not for the first home loans, but to apply an additional 2 percent capital reserve to lenders for the housing loan portfolio, gediminas Šimkus, chairman of the board of the central bank, announced on Tuesday. © DELFI / Josvydas Elinskas Planned,

In order to make it easier for young families to provide themselves with their first own housing in the territories of the country's regions and greater clarity of legal regulation, the Ministry of Social Security and Labor has prepared amendments to the law that shorten the period after which a young family will no longer have to repay the subsidy received if it wants to sell housing. It also improves the number of certificates confirming the right to a financial incentive for first-home buyers

In italy's Abruzzo region, the "houses for 1 euro" campaign in the Abruzzo region of Italy, just half an hour's drive from the ski resorts of Roccaras and the beach of Pescara, in the city of Pratola Pelinha began to offer buyers a home for a symbolic fee of 1 euro, writes Idealista. The current mayor of the city, Antonello di Nino, who took office four years ago, is one of the priorities for the entire duration of his term of office

In 2020, the French association FNSafer, which is responsible for managing the rural real estate (RE) market in the country, registered 111,930 transactions in which the buyers were not related to agriculture. That's 6.6% more than a year earlier, writes The Local. The volume of sales of houses with land plots of 5 hectares or more amounted to $ 23.5 billion. euros, or 12.1% more than in 2019

"In Sweden (and not only) housing prices have flown into space," economist Sigismund Maurice reported on his Facebook account. The annual increase in house prices in Sweden is now as high as 23%, which, according to the economist, is the fastest growth rate in history. The rise in apartment prices jumped so much to 12 percent. Similar trends are observed in other developed countries. "For example, the U.S. annual