- Apartments in elite regions of Sofia fall in price
- Each fifth house in the USA costs less than sum of mortgage credit
- First time in history global prices on property decreased
- In Rumania the number of transactions decreased on 15%
- It is expected a fall for property in Tokyo
- Supply for secondary property in Moscow grows
- Tempos of construction in the USA decreased a lot
Hotels In Kiev Will Continue To Build Even After Euro 2012 12.11.2011
Submitted by admin on Sat, 11/12/2011 - 09:52.Alexander Popov, head of the Kyiv city state administration, in a live television channel TVi assured that at the time of the European Football Championship 2012 Kiev can provide in places everyone.
In addition, head of the city said that hotels in the capital will continue to build and after Euro 2012.
Kiev Apartments Became Not Needed, But The Ground Is Well Bought Up 21.10.2011
Submitted by admin on Fri, 10/21/2011 - 09:50.With the coming of autumn, the demand for housing increased by only 4% and on land - by 23-25%. The beginning of September for the real estate market, though marked by a slight increase in activity, but projected a significant jump earlier has not happened yet. Thus, the number of proposals for the sale of housing in the most popular economy segment, compared to August, increased only by 18-20%. Demand for it has grown even smaller - by 3-4%.
Russians ousted British from property market of Phuket 09.09.2011
Submitted by admin on Fri, 09/09/2011 - 10:25.In Q1 2011 number of property deals has significantly increased on this resort. Realtors report that demand was shaped Russian buyers, who oust such active buyers as British.
According to Erawana Company, in the first six months sales’ number in Phuket went up by 25% year-on-year. Specialists believe that the total deals’ volume reached 5,4 billion baht (€125 mln) for the year, while this indicator of 2010 worked out 4 billion baht (€93 mln), Bangkok Post reports.
Despaired developers offer properties to authorities 20.08.2011
Submitted by admin on Sat, 08/20/2011 - 10:23.Developers from Plovdiv hope that local authorities will buy new unclaimed apartments.
Slavcho Atanasov, the Plovdiv Mayor, considers a possibility of buyback of 500 properties which were offered for sale but couldn’t attract buyers.
Plovdiv Municipality started the campaign to sell apartments located at the panel-block buildings of Communist times to tenants recently. Proceeds will be spent on buyback of 100 new apartments, which will be given to people in need.
In Rumania the number of transactions decreased on 15% 16.12.2008
Under the influence the number of property’s transactions in Rumania decreased. Also the fall has toughed the prices of property.
According to Rumania Notary union of state notaries, on September-October the total number of transactions with property decreased on 15% in comparison with year-on-year. In spite the fact that some fall was noticed on May, but main part was in autumn.
Index of mortgage credit SMI was 15,96% 16.12.2008
Average effective percent rates of mortgage in hryvnas, which was presented to physical person by banks-partners State mortgage institution (SMI) was 23,22%.
Index of mortgage credit SMI was 15,96% as previous was fixed on the level 13,5%.
Index of mortgage credit SMI – is average meaning of effective percents rates of mortgage credits which are given by banks-partners SMI in hryvnas by its Standards, refinancing and servicing of mortgage credits.
On the territory AR Crimea working 26 investment projects 16.12.2008
On 1 October 2008 on the territory AR Crimea working 26 investment projects with the total cost 296 million dollars.
Supply for secondary property in Moscow grows 9.12.2008
On November of current year the cost of 10 sq. ft. of Moscow property economic class on the secondary market decreased on 2% (to 5122 dollars). Supply in this segment increased to 39000 objects what increased index of 2007 for 8000 apartments. Where are 1 bedroom apartments – 13000, 2 bedrooms - 16000, 3 bedrooms – 9500, many rooms - 500.
The property of business class on November decreased on 2,3% what is 8356 dollars per 10 sq. ft. For sale is about 11000 apartments, where are 1 bedrooms – 270, 2 bedrooms – 3000, 3 bedrooms – 6000, many rooms – 2000.
In Yalta temporarily imposed moratorium for land giving 9.12.2008
Yalta imposed moratorium for plots’ giving till confirmation of rights of city’s development. This prohibition is for the territory which is lower than highway Yalta-South coast highway.
In press-service of Yalta was admitted that it is temporarily moratorium for plots giving in property or for rent by citizens and legal persons.
The action of moratorium is planed till finishing the development and confirmation on the session of city council of Yalta. The document will be on April sitting 2009.
First time in history global prices on property decreased 2.12.2008
According to “Global House Price Index” of international consulting agency Knight Frank, in third quarter 2008 prices for living property in the whole world had fall in 0,3% - first time in the history of making this index.
It is visible that any part of the world will be touched by credit crisis. It is predicted that this trend will be at the end of the year on majority of markets and will be note zero or negative growth.
