The U.S. Congress is considering reducing or eliminating taxes for foreigners who are buying commercial real estate in the country.

In the Estonian real estate market showing signs of stabilization and even some growth, but on the basis of many traits we can conclude that the significant growth in the coming years do not have to wait.

In February, the index volume of construction has declined relative to the previous month by 2,9% in the EU and by 3,3% - in the euro area.

In March, the volume issued in the home purchase loans increased by 24% compared to February, to 11.5 billion pounds.

According to the study of Czech consulting companies, 40% of potential home buyers assume that the prices will be stable for 2010.

In I quarter the volume of investments in the specified segment of the local construction market reached 10.3 billion Canadian dollars. This is 0,7% less than in the previous quarter and 5.7% less than in the corresponding period of 2009.

Average price of apartments in Stockholm and Gothenburg in I quarter rose by 3% compared with the previous, and amounted to € 4 900 per square. m and € 3 300 per square. m, respectively.

The number of new residential projects, whose construction was started in the country in March, rose to its highest since November 2008 level. The number of permits issued reached a 17-month high.

Real estate developers in the United Kingdom raised the offer price in April at the highest value in three years, as demand exceeded the number of attractive houses and flats for sale. This was written by Bloomberg.

During February of prices for primary residential property in the country increased by 0,1% on the previous month.