Brief: Hypoport Says Volume Of Mortgage Finance Transactions Continues To Rise

Hypoport SE

22/01/2024 06:18

Jan 22 (Reuters) - HYPOPORT SE  HYQGn.DE :
    * VOLUME OF MORTGAGE FINANCE TRANSACTIONS CONTINUES TO RISE
    * IN Q4 2023, VOLUME OF TRANSACTIONS ON EUROPACE INCREASES
COMPARED WITH PRIOR-YEAR QUARTER FOR FIRST TIME SINCE SLUMP IN
MORTGAGE FINANCE MARKET
    * COOPERATIVE BANKS AND SAVINGS BANKS EACH RECORD A JUMP IN
VOLUME
OF AROUND 40 PER CENT COMPARED WITH Q4 2022
    * VOLUME OF NEW LOANS BROKERED ON PROPERTY FINANCING
PLATFORM FOR
HOUSING INDUSTRY RISES BY 5 PER CENT COMPARED WITH Q4 2022
    * VOLUME OF NEW LOANS BROKERED ON PROPERTY FINANCING
PLATFORM FOR
HOUSING INDUSTRY RISES BY 5 PER CENT COMPARED WITH Q4 2022
    * VOLUME OF PERSONAL LOAN TRANSACTIONS ON EUROPACE SWELLED
BY 14
PER CENT YEAR ON YEAR TO STAND AT EUR 1.2 BILLION IN Q4 OF 2023
    * VOLUME OF NEW MORTGAGE FINANCE BROKERED BY DR. KLEIN STOOD
AT
EUR 1.3 BILLION IN Q4 OF 2023, WHICH WAS UP BY 10 PER CENT
COMPARED WITH Q4 OF 2022
    * 2024 IS PREDICTED TO BE A YEAR OF GROWTH AND THUS OF
FURTHER
NORMALISATION FOR MORTGAGE FINANCE MARKET - CEO
    * VALUE OF RESIDENTIAL PROPERTIES AMOUNTED TO EUR 8.2
BILLION IN
FINAL QUARTER OF LAST YEAR
    * PROPERTY VALUATION REPRESENTS SMALL YEAR-ON-YEAR DECREASE
OF 1
PER CENT AGAINST A BACKDROP OF ONGOING MARKET WEAKNESS

Source text for Eikon:  ID:nEQ7CbwkJa 
Further company coverage:  HYQGn.DE 

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