According to Landsbanki’s economic forecasts, the percentage of first-time buyers has fallen in recent months. The number of new indexed loans is increasing and the majority of all home loan defaults, regardless of the lender, are unindexed. Rising home prices, higher interest rates and tighter credit conditions make it harder for people to enter the real estate market. House prices have increased by 50% in […]
The article Fewer people are buying their first property comes from ICELAND NEWS.
Source: Yle