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.

 

 

Related Insights

  •  
    Bulgaria, why not? The complete guide to moving around without a hitch!

    Bulgaria, why not? The complete guide to moving around without a hitch! More and more people are looking for alternatives to their own country. To travel, to learn the language or even to move permanently. In recent years, the countries of Eastern Europe have been successful, both for the lower ...

  •  
    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 ...

Real Estate Listings

Cod. 40538

For sale Terraced House, Bulgaria, Burgas, Burgas, Burevestnik 10

354,300.00USD
For sale
Terraced House

280 m²
The house is in excellent condition. After major repairs (changed plumbing and electrical installations, video surveillance, installed video intercom...
Cod. 40521

For sale Shop, Bulgaria, Varna, Varna, Saint Constantin e Elena

578,690.00USD
For sale
Shop

653 m²
Commercial premises for sale Varna,Bulgaria We sell shop 653 sqm suitable for selling specialized food products. The area is divided into 450 m2 s...
Fertile land with permit for watering 1400 decares + 200 decares of forest with provided conditions for development of a project for highly efficient ...
Cod. 40502

For sale House, Bulgaria, Varna, Varna, м-ст Боровец- север

159,435.00USD
For sale
House

175 m²
*ТОП! *ЧИСТ ВЪЗДУХ! *ПРИРОДА! *СПОКОЙСТВИЕ! *ЛОКАЦИЯ!Собственик продава еднофамилна двуетажна къща в м-ст Боровец-север. Къщата е на втора линия от гл...
Cod. 40487

For sale Development Property, Bulgaria, Varna, Shkorpilovtsy, Shkorpilovtsi

1,008,574.00USD
For sale
Development Property

14000 m²
Large plot of land - 14000 sq.m, just 80 meters away from the largest beach in Bulgaria, near the city of Varna. Located in the new resort of Long ...
Cod. 40484

For sale Development Property, Bulgaria, Burgas, Sunny Beach, Pomorie

314,500.30USD
For sale
Development Property

19021 m²
Investment land fronted by an asphalt road with an investment visa for 40 holiday villas plus shop, restaurant, club house, swimming pools and huge pa...
The house has 2 full floors of 125m2 + 100m2 tavern (former functioning restaurant) and approximately 100m attic with full height. It is not in serio...
Cod. 40416

For sale 2 Bedrooms, Bulgaria, Kjustendil, kyustendil, Kyustendil

21,258.00USD
For sale
2 Bedrooms

65 m²
Apartment warm south with terraces garage and basement
Cod. 40392

For sale Development Property, Bulgaria, Sunny Beach, Sunny Beach, Kableshkovo

182,110.20USD
For sale
Development Property

14013 m²
An investment land with approved project (PUP) for villas, swimming pools, bars, gardens, parking, shops. The project has a high building intensity...
Cod. 40391

For sale Development Property, Bulgaria, Burgas, Sunny Beach, Medovo

162,741.80USD
For sale
Development Property

11484 m²
An investment land close to Sunny beach, Pomorie, Bulgaria. A plot of land suitable for building a complex from villas, located just 10 minutes awa...
2005-2020 REALIGRO REAL ESTATE LTD. All Rights Reserved - VAT Nr: 893969932
Neikos Digital Agency
  1. Preferences

    For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.

    Set now Don't show again
BB