Ends a great promotion for housing?

The series of cuts in house prices was not interrupted during 2010 and early samples reached its consensus that this is the bottom in sales volumes and values.

 Recent statements by some of the major brokers and consulting firms, however, solidify their position that the situation is no where to deteriorate and may even be paid in 2011

One of the most compelling evidence is the slowdown in price reductions. Five consecutive quarters, official statistics reported minor decreases in resales of existing apartments of households moving between 2.3 (the first of 2010) and 0.8 per cent (the second).

Analysts said the decline in big cities was around 4-6% annually, which compared with 28% in 2009 compared to 2008, overall achievement. In the second half even has a annual growth rate of 7% in sales and 43% in rents, brokers reported. Чуйте Прочит на латиница