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. 36893

For sale Hotel, Bulgaria, Dobritch, Balchik, ул Даки Йорданов

6,321,700.00USD
For sale
Hotel

10000 m²
Hotel 93 rooms Fully Equipped SPA centre, swimming pool, `Resaturant
Cod. 36871

For sale House, Bulgaria, Veliko Turnovo, Bebrovo, Cherni Dql

13,792.80USD
For sale
House

2785 m²
The house is for repair, after purchase we offer a complete renovation of the house at the customer's request.
Cod. 36799

For sale Farmland, Bulgaria, Shumen, Shumen, Svetitse

68,964.00USD
For sale
Farmland

26146 m²
LARGE AGRICULTURAL LAND FOR SALE IN PLOTS IN BULGARIA, WITH TITLE CONSTRUCTION.
Cod. 36621

For sale 1 Bedroom, Bulgaria, Bansko, Aspen Golf, Aspen Golf resort

12,068.70USD
For sale
1 Bedroom

48 m²
A lovely studio apartment right at the foot of the mountain , consisting of one room which includes a fully equipped ready to use kitchenette, a dinin...
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