Although demand for housing has declin and korea telegram data escrow accounts are filling up more slowly, project financing rates, i.e. for construction projects at the sales stage, remain low — about 9% at the end of 2024. Bridge loans (issu before the project has reach the sales stage) are more expensive for builders, which is why the volume of new construction has, of course, decreas. We expect that in 2025-2026, developers will mainly complete buildings that have already been start. We expect that as rates decrease and demand recovers, they will be able to more actively launch new projects.
Since the demand for new buildings
has decreas, then the prices should go down. Or not?
Overall, the growth of housing prices has slow down, and in some regions there are signs of a decline. But market participants tell us that they are not factoring in a price ruction; rather, it could be a question of discounts on individual properties. This is explain by the fact that there are far fewer new projects being launch now than in recent years.
Many companies are forc
Spend a lot of money on their substantial debt, and the prolongation of the high key rate period has become an unpleasant surprise for businesses. How the importance of demonstrating relevance in the city do you assess the risk of enterprise bankruptcies?
— Here, too, we do not expect a wave of bankruptcies. Of course, there are indebt companies for which the growth in debt servicing costs is a agb directory key factor in rucing profits. But for most companies, the financial situation may worsen primarily
