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.

Number of housing units constructed in the I quarter has decreased by 44% compared with the I quarter of last year.

The total value of buildings constructed in the country during January-April, a decrease of 26,7% relative to the same period last year.

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.

Number of housing units whose construction was begun in I quarter has increased by 4,3% on the previous quarter.

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.

The government will oblige developers to plant the plants on the roofs of all new buildings in the Danish capital.