Real Estate market: global situation

 

 

Real estate markets worldwide are stabilizing and showing signs of tentative recovery. During the first quarter of this year, when many countries continued to suffer double-digit declines in average home prices, the second quarter saw upticks in half of the countries tracked by this report, compared with the previous three months.

The strongest region was the Nordic countries, where prices rose 5.3% in Norway, 3.9% in Finland, and 3.6% in Sweden. The U.S. also saw a rebound, with a 1.7% quarterly increase in average prices. The worst-hit places are Dubai and Bulgaria, where residential property prices fell 7.5% and 9.7%, respectively.

The research hasn’t shown surprising results in the scheme of the global financial crisis. Some of the key highlights has seen Israel as the top performer with a 10.9% growth rate, followed by the Czech Republic with 9.9%.

On the contrary, the worst activities were seen in Dubai, Latvia and Singapore. Dubai recorded average price falls of 32%, Singapore 23% and Latvia 36% loss. On a quarterly basis, Dubai was the biggest loser with -40%.

In terms of best performing markets we have to underline  Thailand with a 2.7% lift in values, Israel with +2.6% and Switzerland with +2.1% were showing promising results.

 

 

Real Estate Listings

Cod. 31705

For sale House, Latvia, Jurmala, Dubulti, Dubultu prospekts 16

1,117,300.00USD
For sale
House

700 m²
Hello! I am glad to introduce you a house or a part of it as a real estate for investment. The first floor represents commercial estate, second and t...
Cod. 31591

For sale Development Property, Latvia, Liepāja, Rucava, Nida village next to Lithuanian border

837,975.00USD
For sale
Development Property

800000 m²
The largest piece of land in one lot within Baltic coast. Unique site in Latvia, on the Lithuanian border. 80 hectares, 400-1000 meters from the Balti...
Cod. 31512

For sale Other (Land), Latvia, Liepāja, Priekule, Virga parish

80,445.60USD
For sale
Other (Land)

358300 m²
Three separate plots of land, all in Liepaja region, Virga parish, sold all together, 35.83 ha (358,300 sq metres) in total. Plot 1: 7.3 ha (73,000 sq...
Exclusive place your ideas and desires - 13.5 km from Ventspils, Venta River shore. Owner selling real estate, the total land area is 4.81 hectares, ...
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