Average price of residential property in Stockholm in July declined by 4% on June. In Gothenburg and Malmö prices also declined.

In August, the average value of residential real estate in the country decreased by 1,7% on the previous month.

In July, this index decreased by 29,8% from the previous month.

Hong Kong authorities have decided to tighten mortgage lending and announced their intention to increase the amount of land offered for sale under construction, to cool the overheated real estate market.

The world financial crisis has had a significant impact on reducing the demand for foreign real estate, the report said foreign exchange broker «Moneycorp» and the UK's biggest search engine on the real estate «Rightmove».

According to statistics of the State Statistical Office 41% of residents of big cities in China believe that will happen over the next year decline in property prices and 36% of the population forecasts of rising prices. In the I quarter of this figure was 60%, the China Central Television CCTV.

Over 4.7 million dollars

In the I half of the volume offers condominiums offered for purchase for investment purposes, increased by 6,9% relative to the same period last year.

In July the average cost of real estate in the country decreased by 0,8% on the previous month.

In July the index of home prices in 70 large and medium cities in China has remained unchanged compared with June.