Global house price growth will slow in 2011

17.09.2010 13:40
Property News | Global house price growth will slow in 2011 Rising prices at the global real estate market will slow in 2011 against the backdrop of weak economic growth and concern about the situation with debt, writes Bloobmerg. The most significant problem for the world market will be the ability of creditors to continue financing the industry, where debt levels are still critically high, the report said.

Prices in Hong Kong, is forecast to grow by 12% in 2011, which is lower than 18% increase this year. In general, the cost of housing in China is likely to rise by 5%, whereas this year - by 6,5%.
According to the forecast price increases in Brazil next year will be 5% after 20% in 2010.

Related article: In the cottage house Sea Breeze Class A near Baku sold 90% of housing

Spain and Ireland - two countries where according to analysts, agency, property prices will fall in 2010 and 2011. Russian real estate values are likely to grow by more than 11% (this year - 8,8%).

Did you like the material?Subscribe to our newsletter
Your comments:
Your opinion will be the first. Thank you for reading this article. I wish you happiness! Please share your opinion in the comment below.