RICS global real estate weekly [electronic resource] 17 April 2009
RICS global real estate weekly 17 April 2009 [electronic resource]
- London RICS 2009
- RICS Global Real Estate Weekly 17 April 2009 .
Reports that the Urban Redevelopment Authority property report for Singapore is due on Friday 24 April. Predicts that with the Singapore economy contracting at such a rapid pace, unemployment is likely to rise throughout 2009 adding further downward pressure on property prices in both the residential and commercial markets. US home sales figures are due to be released on Thursday 23 April, however evidence increasingly suggests that the US housing market downturn is now at or near a bottom. In Germany, prices have declined by more than 11% in the 12 months to March, and in Japan the government was earlier this month forced to unveil a record stimulus package totalling Yen 56.8tr (11.2% of GDP).
RICS GLOBAL REAL ESTATE WEEKLY
International
333.33 $2 18
Reports that the Urban Redevelopment Authority property report for Singapore is due on Friday 24 April. Predicts that with the Singapore economy contracting at such a rapid pace, unemployment is likely to rise throughout 2009 adding further downward pressure on property prices in both the residential and commercial markets. US home sales figures are due to be released on Thursday 23 April, however evidence increasingly suggests that the US housing market downturn is now at or near a bottom. In Germany, prices have declined by more than 11% in the 12 months to March, and in Japan the government was earlier this month forced to unveil a record stimulus package totalling Yen 56.8tr (11.2% of GDP).
RICS GLOBAL REAL ESTATE WEEKLY
International
333.33 $2 18