New Mortgage Loan Volume Declines in December
The Georgian mortgage market has faced a slight dip, with new mortgage loan volumes declining in December 2024. According to recent data, Georgian commercial banks issued GEL 360 million in mortgage loans, marking a 7% decrease from November and a 14% drop compared to December 2023. Despite the slowdown at year’s end, the sector saw a strong performance throughout 2024, issuing a total of GEL 4.2 billion in new mortgage…










