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RICS global real estate weekly 27 March 2009 [electronic resource]

By: Language: English Series: RICS Global Real Estate Weekly ; 27 March 2009Publication details: London RICS 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that the Singapore property market is feeling the effects of the economic downturn, with private home prices falling 6% in the quarter to December 2008, compared with a 2% decline in the previous quarter. In Japan, the number of housing starts fell to just over 70 000 in January, which (with the exception of the readings in August and September of 2007 which were affected by technical issues) is the lowest figure since 1984. In France, house prices are expected to fall further, however the house price downturn has been less severe here than in the UK. Finally, the Australian housing market looks stronger than the US, for the time being.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 147072-2001

Reports that the Singapore property market is feeling the effects of the economic downturn, with private home prices falling 6% in the quarter to December 2008, compared with a 2% decline in the previous quarter. In Japan, the number of housing starts fell to just over 70 000 in January, which (with the exception of the readings in August and September of 2007 which were affected by technical issues) is the lowest figure since 1984. In France, house prices are expected to fall further, however the house price downturn has been less severe here than in the UK. Finally, the Australian housing market looks stronger than the US, for the time being.