[size=75:354smr49]Pari.Bg 25.11.2009
Bulgaria third in the world by cheaper housing
Only property prices in Latvia and the UAE have fallen more than our country, a survey of the market among 27 countries at the end of the third quarter
The market for residential property in the leading economies in the world starts to recover, a study of the Global Property Guide to property prices at the end of the third quarter. The market for residential property in the leading economies in the world starts to recover, a study of the Global Property Guide to property prices at the end of the third quarter. From all 27 countries included in the rankings, 17 reported depreciation of the property, but at 10 there is growth at the end of September. From all 27 countries included in the rankings, 17 reported depreciation of the property, but at 10 there is growth at the end of September. In the top 3 in a decline in housing prices fall 59.7% in Latvia, the United Arab Emirates (UAE) with 48.1 percent and Bulgaria, where properties have slipped by 28.7 percent. In the top 3 in a decline in housing prices fall 59.7% in Latvia, the United Arab Emirates (UAE) with 48.1 percent and Bulgaria, where properties have slipped by 28.7 percent. After our ranks Iceland with 21.2 percent decrease, Russia with 19.5 percent and Slovakia with 15.3 percent. After our ranks Iceland with 21.2 percent decrease, Russia with 19.5 percent and Slovakia with 15.3 percent. Presented in the chart data reported in the inflation level, as presented more realistic picture of the state of the market than figures in nominal terms. Presented in the chart data reported in the inflation level, as presented more realistic picture of the state of the market than figures in nominal terms.
In the third quarter of this year house prices in 16 surveyed countries grow and only 11 fell. In the third quarter of this year house prices in 16 surveyed countries grow and only 11 fell. Recovery trend seen in Britain, Canada, Germany, Singapore and South Africa, whose housing markets have been severely affected by the crisis, but in the third quarter recorded a positive adjustment compared with the second. Recovery trend seen in Britain, Canada, Germany, Singapore and South Africa, whose housing markets have been severely affected by the crisis, but in the third quarter recorded a positive adjustment compared with the second.
However the world is divided into two - the Asian economies, which enjoy strong economic growth and the appreciation of housing (except Thailand) and Eastern Europe and the UAE, where the economy stalled and the housing market collapsed. Even there, however, the authors of the ranking see ray of hope in the last quarter. However the world is divided into two - the Asian economies, which enjoy strong economic growth and the appreciation of housing (except Thailand) and Eastern Europe and the UAE, where the economy stalled and the housing market collapsed. Even there, however, the authors of the ranking see ray of hope in the last quarter.
Two consecutive quarters, the Israeli housing market is performing strongly, in the third quarter of this year recorded 10.2 percent growth in the 8.4% rise in the second quarter. Two consecutive quarters, the Israeli housing market is performing strongly, in the third quarter of this year recorded 10.2 percent growth in the 8.4% rise in the second quarter. Annual growth of 4.9 percent recorded in Australia in late September. Annual growth of 4.9 percent recorded in Australia in late September. Contribution to growth has declined in the supply of housing. Contribution to growth has declined in the supply of housing. In a modest rise in New Zealand - about 2%, where average prices return to levels of mid-2008 In a modest rise in New Zealand - about 2%, where average prices return to levels of mid-2008
Fears of a resurgence violently in Hong Kong, as there turned the industry trend of annual decline of 7 percent in the second quarter to 3.1% growth in the third. Fears of a resurgence violently in Hong Kong, as there turned the industry trend of annual decline of 7 percent in the second quarter to 3.1% growth in the third. Only three months from July to September there are homes more expensive by 11.1%. Only three months from July to September there are homes more expensive by 11.1%. Similar concerns exist in Singapore, which recognizes the historical quarterly growth of 14.3% (though annual prices are still 11% lower). Similar concerns exist in Singapore, which recognizes the historical quarterly growth of 14.3% (though annual prices are still 11% lower). The country's economy grew by 0.5% at the end of the third quarter, a major contribution to the building and they have to increase production of respectively 12.8% and 6.6% yoy. The country's economy grew by 0.5% at the end of the third quarter, a major contribution to the building and they have to increase production of respectively 12.8% and 6.6% yoy.
In the third quarter of the year occurred revive the housing market in Britain, Canada and South Africa after big dips at the beginning of 2008 In the third quarter of the year occurred revive the housing market in Britain, Canada and South Africa after big falls in early 2008
Thu Nov 26, 2009 2:42 pm
