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? t? ann a? ed? The catastrophic consequences f? R property prices according to the Global Property Guide? ? Take re investigation? te s time real estate prices? public at train? accessible to the s? Series f? R Sch? e 2008th And seen from a global perspective, the R? Allocation is still acc? S? Rer.

The collapse of the world?? S of the market? S Housing use can bring what they want to be r? three points of view and, unfortunately, all mean? strengths the bad news.

In 2008, the price dynamics? lower acc? s? r? e, relative? 2007th
Only two L tapes have seen? Ian positive in 2008 (slower settl? Rtsbewegung in house prices than last year, or faster movement? Increase), w? While 28 L? Change saw her? lan d? t? Deterioration in the market? Well, compared? the Sch? pr? c? dente. The two L tapes with? Ian is positive Germany and Switzerland.

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However, w? during the Sch? e 2007 slowdown was just beginning, and only six L tapes saw house prices fall, w? while 24 L? change saw the house until prices (corrected all the details? s inflation).

Many house price fall in 2008? taient OD? very s? v? res. The country with the price of the room to fall? Over 10% in 2008 have? T? Latvia (Riga) (37%), Lithuania (Vilnius) (27%), the? United States (20%), the United K? Kingdom (18%), Iceland (16%), Ireland (12%) and Ukraine (Kiev) (12%) (all data corrected? S inflation).

in the last quarter (Q4) of 2008, the dynamics of falling prices to clear? l? r?, relative? Q3, what? Re the situation? T? Posteriori schl? Gt

W? During 2008A? S L in the final quarter, nine tapes house prices fall by 5% or more? Seen over the coming quarter. The price drop of more than 10% w? During the quarter came in only three L? Change – Latvia (Riga), saw prices fall by 15% in Ukraine (Kiev) (13%), and? Hong Kong (15%). Other L tapes with T4 Housing use prices fall by 5% or more, including? Arab Emirates (8%), Lithuania (7%), Iceland (7%), Singapore (6%), Bulgaria (5%) and the United K? Kingdom (5%) (all data corrected? S inflation? Au ? he UAE).

This Preisr? CKG? have length? t? much gr? he pr than in the quarter? c? Dental Q3. pr In this quarter? C? Tooth, L, only two tapes exp in the chamber? Rhyme? lower prices (corrected? s inflation) of 5% or more, and no country has an R? experienced recession of the house prices of more than 10%.

regional study? You M? Men? e by Global Property Guide

Europe working? my major
The Baltic states of Latvia and Lithuania, suffered the worst R? recession of the nominal prices and R? els. In Riga, Latvia, the average price of homes dipped standard type? 37% in 2008. Prices? T? in Latvia since the end of 2007, after? s a significant increase of 70% in 2006. The alarming R? Ckgang was held at 4? Trimester, w? While prices fall? 15%, gr? Te Quarterly in year R? Ckgang in relation to R? Els change in all the L?. These price reductions have? T? d? Clench? Prices are from int? r? t have to multiply?, and in Berlin f? r cr crunch? said that Latvia unm? like? it in 2007. Price

Average apartments? Vilnius, Lithuania, has subsided? 27% in 2008. Property prices have begun? ? to reduce? Mid-2007 was crushed and received? the Gr? e, you embarkation in 2008.

house prices in Great Britain fell far? 18% in 2008. Although the number of int? R? T hypothesis? Al Cairo? G? Rately reduced?, F? R S ‘? Table? 4.48% D? December 2008, the number of approvals pr? T Eink purchase is home fell far? 58% in 2008.

s? rious problem? my Iceland (house prices fall 16% in 2008), Ireland (12%), Ukraine (12%), Malta (9%), Portugal (8%), France (8%), Finland (7%), Norv? Age (6%) and Spain (6%).

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Canada? t? much less about lead? e the United States.

Pacific t? You Down
Australia and New Z? Finland experienced R ckgang? In house prices in 2008, 7% 8%.

Asia are more isolated? s
in Asia not? t? isolated? s. Singapore, Hong Kong and the Philippines Rec? House prices fall in 2008.

Singapore ????? s priv? r s price? Residential has decreased? 9% in 2008, in sharp contrast to the increase of 26% of the exp? Experience in 2007. The important points to? Envelope? Problem? me? CONOMIC touch? s Singapore ????? Exports, and in 2008, production in manufacturing industries, especially the? electronic, m? mechanical pr? Decision and chemicals has been reduced? 10.7%. Singapore? T? formally r? Sales in Q3 2008.

Hong Kong? t? hard to touch? e by the crisis. Real estate prices have dropped? average of 6% in 2008. But in the last quarter fell Hong Kong s? V? Re prices of 14%.

? Makati, Philippines, the first condominium prices? T? S fell three bedrooms? 2% in 2008, after? S to 11% of prices in 2007. N? Anmoins Geb? Ude Hochh? User continues, with the mast? Riel in condo? T? to 7% in 2008 according to Colliers Philippines.

Japan Rec? modest increase in prices of condominiums? t? s Tokyo 1.2% in 2008. On the other hand, land prices in Japan?? S has six Gro? St dten cover up? 6% year over year in September 2008.

? Shanghai, China, go Mice Preiserh relationships? Slowed in the year? 5% by the end of 2008, after? S H? Ans? ? 30% against? Over the previous year? May 2008. However, Shanghai is f? Hig? Something au? Ergew anything similar, and Xinhua report? News agency R? CKG? Length in housing prices in 70 St? Dten in 2008. Shenzhen has the worst fall, with prices up 18% in 2008

UAE on fragile terrain
? Duba?, United Arab Emirates, despite? the d? former have a global picture saw? ? Surprisingly strong rise in house prices by 41% in 2008. But in the course of the year ????? S in the last quarter have dropped the prices? 8% nominal. This slowdown is f? Llig? significantly tighter writing? res pr? t, an increase of int rates? r? t, shores several layoffs and alarm among the K?.

Pr? Visions: no recovery in 2009
indicates that in an accident, the market? s Housing use will take a lot of Sch? ES? the Sch? s Summit? a r? completely? Professional device. Given this and the pr? Pessimistic views of the IMF f? R? Global economy, no v? Ritable recovery is likely in the market? S Housing the world use Sch? E.

The IMF pr? said? Global economy should cro? be 0.5% in 2009, its lowest level in 60 years. GDP per year? Advanced economies? are widely expected to advertise an R? ckgang of 2% in 2009. The United K? Kingdom and Japan, the h? Hardest his touch? P. Ver Published! In Great Britain may contract by 2.8%, w? During Japana!! S may fall by 2.6%.

growth? Economies? emergent expected to slow down? 3.3% in 2009 by 6.3% in 2008. D? Asian Development do? Be the slightest TV Show Channel? With a growth rate of 5.5%. China ????? The? Economy is pr? Saw a growth of 6.7% in 2009, but there is a significant R ckgang? The growth of 9% in 2008.

We can k? very optimistic from f? nf Gr? nd:
? Evaluation? ? still visible in most change L? stretched rent, in terms of price /.
? ? Growth? Economic slow down or not? Ative in many countries too, what is n? Negative values of f? R the Housing use.
? ? There is no evidence that banks are becoming more fit? Where? pr? ter.
? ? The stateless nature walk? C? Tooth of the system? Financial Matis? Re? lt h? its collapse? skillfully obtained? ht the difficulty? s World D? s market? s Housing use.
? ? Some national governments? Let the M? He? S? Refinance their debt by their W? Currencies under pressure. the instability? t? my? Silence is probably the problem still rfen various? my housing in the country o? many go! ts have? t? Contract? s W? Channel? Trang? res.

The good news is that the government? United States and some other act with force, as the IMF. N? However, there is a long way looks rough.

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