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RICS European housing review 2009 executive summary [electronic resource]

By: Contributor(s): Language: English Series: RICS European Housing Review ; 2009Publication details: London RICS 2009Subject(s): LOC classification:
  • 306.1094 $2 18
Online resources: Summary: Looks at the performance of European housing markets in 2008, analysing trends across the continent in areas such as inflation, building activity, mortgage markets and turnover. Finds that house prices are static or falling across all of Europe, and that the chances of core European housing markets escaping marked downturns in 2009 are now slim. Reports that house prices fell significantly in 2008 in central and eastern Europe, Ireland, France, the UK and among the Nordic countries, and that all Europe's housing markets are experiencing rapidly falling demand and too much supply, due to the impact of the credit crunch and recessions in Europe's major economies. Also suggests that new build markets in the major cities of central and eastern Europe are at a standstill, with an increasing amount of unsold dwellings.

Looks at the performance of European housing markets in 2008, analysing trends across the continent in areas such as inflation, building activity, mortgage markets and turnover. Finds that house prices are static or falling across all of Europe, and that the chances of core European housing markets escaping marked downturns in 2009 are now slim. Reports that house prices fell significantly in 2008 in central and eastern Europe, Ireland, France, the UK and among the Nordic countries, and that all Europe's housing markets are experiencing rapidly falling demand and too much supply, due to the impact of the credit crunch and recessions in Europe's major economies. Also suggests that new build markets in the major cities of central and eastern Europe are at a standstill, with an increasing amount of unsold dwellings.

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