General Assessment

Variable(2015)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
back to top | Country Data:
Notes:
Notes:
Notes:
Notes: An individual must pay real property tax is any of the following conditions is met: (1) the area of their apartment is larger than 60 square meters; (2) the area of their dwelling house is larger than 120 square meters; (3) the total area of of one's properties exceeds 180 square meters. The tax is levied at a rate of 2% of the minimum per square meter. Land tax is also levied at a rate that ranges from 1-5%, dependent on whether the land is agricultural and whether it has a normative monetary value  
Notes: An individual must pay real property tax is any of the following conditions is met: (1) the area of their apartment is larger than 60 square meters; (2) the area of their dwelling house is larger than 120 square meters; (3) the total area of of one's properties exceeds 180 square meters. The tax is levied at a rate of 2% of the minimum per square meter. Land tax is also levied at a rate that ranges from 1-5%, dependent on whether the land is agricultural and whether it has a normative monetary value
Notes: Capital gains tax, at a rate of 5%, applies only if one sells more than one home during the year, provided that the owner holds the title to the property for at least three years before the sale.
Notes: Capital gains tax, at a rate of 5%, applies only if one sells more than one home during the year, provided that the owner holds the title to the property for at least three years before the sale.
Notes: Drastic change due to the Ukrainian crisis that started on November 21, 2013.
Notes: Drastic drop due to the Ukrainian crisis that started on November 21, 2013.
Notes: Drastic drop due to the Ukrainian crisis that started on November 21, 2013.
Notes: Last reported rate is from 2015.
Notes: Last reported rate is from 2015.
Notes: Liquidity facility: State Mortgage Institution
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution 
Notes: Liquidity facility: State Mortgage Institution, established in 2004
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase
Notes: Loans granted by deposit-taking corporations to households for home purchase  
Notes: Loans granted by deposit-taking corporations to households for home purchase  
Notes: Loans granted by deposit-taking corporations to households for home purchase  
Notes: Many banks decreased financing horizons because they could not get access to more long-term capital to finance new mortgages.
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: Net Domestic Credit
Notes: On top of a lower interest rate for mortgage loans, the government also pays a portion of the interest payment (13% of the 16% rate) and the households that participate in this program are responsible for the remaining 3% a month (started in 2012)
Notes: Only reported as % of gross loans.
Notes: Private companies such as CMHC or Genworth
Notes: Private companies such as CMHC or Genworth
Notes: Private companies such as CMHC or Genworth 
Notes: Tax deductions are available for mortgage interest if real estate is located in the Ukraine.
Notes: Tax deductions are available for mortgage interest if real estate is located in the Ukraine.
Notes: Tax deductions are available for mortgage interest if real estate is located in the Ukraine.  
Notes: The actual value is 10155.04%
Notes: The actual value is 110%
Notes: The actual value is 240%
Notes: The actual value is 252%
Notes: The State Mortgage Insitution was created in 2004 by the Ukrainian government. Funding provided through government.
Notes: The State Mortgage Institution (SMI) was created in 2004 by the Ukrainian government
Notes: The State Mortgage Institution (SMI) was created in 2004 by the Ukrainian government 
Notes: The value is 122.70%
Notes: The value is 148.63%
Notes: The value is 184.25%
Notes: The value is 208.63%
Notes: The value is 250.28%
Notes: Ukraine has multiple government programs that target different segments of the population through subsidized interest rates. "Own House" supports individual housing construction in rural areas, "State housing program for Youth" helps young families with lower interest rates on mortgages. (started in 2002)
Notes: Ukrainian crisis that started on November 21, 2013 caused inflation.