General Assessment

    Variable(2017)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
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    Notes:
    Notes:
    Notes:
    Notes: Actual value is -0.17
    Notes: Actual value is -0.34
    Notes: all mortgages are written by banks
    Notes: Capital gains tax levied if property was held for less than 5 years under "miscellaneous income"
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units
    Notes: figure represents tenure by households, not tenure by units  
    Notes: figure represents tenure by households, not tenure by units  
    Notes: figure represents tenure by households, not tenure by units 
    Notes: found by taking average household size * median per capita household income
    Notes: Gains from property sale held for less than five years are taxed as income
    Notes: In 2015, interest rates were at historic lows. Therefore, many people took loans with a fixed rate as they did not want to expose themselves to rate increases in the future
    Notes: includes all mortgages with a term greater than 10 years
    Notes: maximum term is extended to 40 years for first-time home buyers under 35
    Notes: Property tax is generally levied at 0.76%
    Notes: report gives a range of 33-40
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Table TSC20400
    Notes: Taken from Introduction to Mortgages and Mortgage Backed Securities by Richard Green, 2013
    Notes: Tax rate ranges from 0.4% to 0.76% depending on the property location
    Notes: The First Home Guarantee Fund enables mortgagers to request a loan of up to 100% of the property value (exceeding the maximum LTV of 80%)
    Notes: The transaction tax is levied at 2% of the sale price
    Notes: The transaction tax is levied at 2% of the sale price