Financial news
05.06 Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
05.06 Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
05.06 Mr. Medvedev Considers Inflation to be the Main Problem of Russia
05.06 The Russian Stock Exchanges Will Overtake World Boards
04.06 In St. Petersburg There Will Be a Unique World Branded Hotel
04.06 Putin Has Pointed to Have Shut Down Gas
04.06 Has The Real Estate Got Out of Fashion?
04.06 Experts: Restoration of the Russian Economy Will Begin by the End of the Year
03.06 Opening Remarks at Meeting on Economic Issues
02.06 Magna Would Branch out a Factory in St. Petersburg in the Spring of 2010
02.06 Nissan Has branched out a Factory in St.Petersburg
01.06 The Share Market is “Skyrocketing”
01.06 Automobile Lending Cutback Four Times
01.06 The Head of the IMF Warrants the Inflation in Russia Will Reduce Progressively
01.06 Mr. Putin Says: the IMF Should Aid Ukraine with Gas
28.05 Foreign Investments into Russia Cut in Third for a Quarter
27.05 The External Economic Bank (Vnesheconombank) Alters Stocking Geography
Financial news
Has The Real Estate Got Out of Fashion?
04 èþíÿ 2009 ã.
The prices for the real estate have fallen worldwide, even despite of the fact that the economy is gradually recovering. This conclusion was made by experts of the analytical center “Global Property Guide”. Among 32 countries participated in research, 27 met the real estate cheapening in a course of a year.
The most severe meltdown was in Latvia. Apartments in Riga have lost a half of their cost. In Dubai the prices have fallen up to 35 % due to crediting rates have grown, and also many developers had to postpone the projects or refused of them. The worst situation in Asia is in Singapore — 23 %.
The markets of the real estate in Switzerland, Thailand and Austria behaved honorably and grew up to 3–4 %. Russia was not listed.
The “Global Property Guide” considered the prices with respect to inflation. And they promote more realistic picture, than those figures which real estate agencies usually deal with.
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Dmitry Medvedev addressed the St Petersburg International Economic Forum's plenary session
Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
Mr. Medvedev Considers Inflation to be the Main Problem of Russia
