CaixaBank Mortgage Growth Slows Sharply, CEO Sees Further Decline
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Cresco Real Estate is offering financing for new apartments with only 5% of own funds, reducing the initial cash requirement for a €265,000 unit to under €14,000. This is a promotional financing scheme that lowers the entry barrier for buyers, potentially stimulating housing demand. The move reflects competitive pressures in the Slovak housing market and may signal easing credit conditions for developers.
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