Property market recovery?

The increase in household consumption is soaring 2.3%. This suggests that it will also benefit the housing market. However this increase is mainly due to the scrapping bonus to support the automotive sector. Do not rejoice too soon.

While the rate of housing loans is declining. Their volume is up sharply as just announced BNP Paribas with an increase in demand for mortgage exceeds 20% in August, September and October. Good news for property prices that remain to be confirmed.

Chinese property bubble confirmed

China is currently experiencing a population explosion. This requires that created many jobs and therefore have a strong economic growth (above 8%). But across the population explosion causes a surge in property prices with a real estate bubble, a paradox in crisis global real estate.

The property prices have therefore taken 30% since the beginning of the year with a peak of a recent increase of 17% in one week! A record simply. But attention will be harder the fall ...

More on: Explosion of real estate in Shanghai

U.S.: new home sales down

Sales of new homes have CHUTEE again in September. They fell 3.6% in August and confirmed that the recovery that seemed to stand out in the U.S. has not yet acquired. At the same time, the growth figures were welcomed as positive with 3.5% annualized for the 3rd quarter.

Good and bad news, the United States are still not out of the turmoil and the housing crisis.

Falling real estate in Spain, it continues

The housing market is still in turmoil in Spain. Housing prices do not stop falling and the construction industry is still in crisis. Spain's growth based mainly on construction, building and real estate market, and most impacted by the falling house and what it implies.

Latest news in time, house prices fell by 17.72% between the first half of 2008 and the first half of 2009. In Madrid and Barcelona declining real estate reaches over 21%.

See also : Spanish property crisis