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International residential review 2008 [electronic resource]

By: Language: English Publication details: London Knight Frank 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that property markets are seeing slower growth than in 2007. The US-originated credit crunch is seen as the main factor in this. Prime property is seeing the highest performance, with the peak being seen in Moscow. However it is expected that these markets will slow during the coming year. Continued weakness in the US dollar should make the American market attractive to European investors. Quality of stock may take on greater value as growth continues to slow. London remains the most expensive city in the world.

Reports that property markets are seeing slower growth than in 2007. The US-originated credit crunch is seen as the main factor in this. Prime property is seeing the highest performance, with the peak being seen in Moscow. However it is expected that these markets will slow during the coming year. Continued weakness in the US dollar should make the American market attractive to European investors. Quality of stock may take on greater value as growth continues to slow. London remains the most expensive city in the world.