According to local realtors, in May, sales of housing on the secondary market of the city-state have fallen sharply relative to April. Prices, in their view, close to its peak.
The cost of real estate in the Czech Republic could fall by 10-15%. Especially in Prague, Brno, Liberec and other major cities. This is the conclusion analysts Czech National Bank.
The average vacancy rates of apartments in major cities throughout the country in April rose to 2.9%. For comparison: in April last year the figure was 2,7%.
The volume of proposals in the European hotel market increased in May 2010, compared with last year, to 80,000 rooms - up to 5.2 million numbers indicate results of a study by international consulting company MKG Hospitality.
In May, this figure fell on April 1% in the central districts and suburbs of Stockholm and at 2% - in similar areas of Goteborg. In Malmo, meanwhile, the average price of apartments has increased by 2% in the central regions and no change in the suburbs.
The legendary American investor and co-founder of investment management company GMO Jeremy Grentem argues that the said market will inevitably expect a collapse, since it formed a bubble.
