«Market Leader» - news and previews making you rich.

Friday, 25 April 02:02 (GMT -05:00)


Market Leader Free Newsletter
Your Name:
Your Email:

Business And Politics News

European Housing Market Outlook 2013


 

Foreign investors have always treated Europe like tourists treat places of interest.  That is why residential property in Europe is especially popular among foreigners (especially among those well-off people from the ex-USSR). They like buying apartments and villas in resort coastal areas of Spain , France, Italy and other EU countries. Moreover, residential property gives foreigners more rights in the Schengen Area.
 
 
Market Leader and Masterforex-V Academy tried to take a look in the near future of the EU housing market. First, let’s overview the market situation in 2012.
 
European Housing Market. 2012
 
The price changes weren’t smooth and unidirectional throughout the year.  Most housing markets in the EU were bearish. In Greece, Spain , Portugal , Netherlands and other eurozone states, the local housing markets are still declining amid uncertainty and instability caused by the continued eurozone crisis. People simply cannot afford to buy residential property. Some of them fail to pay their mortgage loans. The housing markets in Croatia and Latvia are the frontrunners in terms of price decline.
 
According to GlobalPropertyGuide.com, which monitors housing markets around the globe, 14 out of 23 monitored European housing markets are in decline. Only 9 of them are bullish. Moreover, the world’s 9 weakest housing markets also belong to Europe.
 
In particular, Greek residential property depreciated by 12.47% in 2012. Spanish property depreciated by 11,87% during the reporting period. At the same time, the Bulgarian and Turkish housing markets were down by 6,84% and 4,96% correspondingly.
For example:



1.      Spanish residential property. A villa in Costa Blanca North (Moraira), 240 sq. meters, 200 meters away from the sea.  It cost €577 500 in 2011. The current price is €525 000. This is a 10% decline.
 
 
 
2.      An apartment in Costa Blanca South (Punta Prima), 85 sq. meters, 200 meters away from the sea.  It cost €253 000 in 2011. The current price is €230 000.

 

 

 

 

1.       Turkish residential property. A villa in Antalya, 224 sq. meters, 200 meters away from the sea, personal parking lot. It cost €351 500 in 2011. The current price is €325 000.


 

 

 

 

1.      A townhouse in Antalya , 135 sq. meters, 500 meters away from the sea, swimming pool, developed infrastructure.  The current price is €239 000. This is a 9% decline. As compared to 2011.
 
 
 
The situation in Switzerland and the coastal area of France remain relatively stable. The housing prices in those regions are traditionally around the top of the price range. The demand of the residential property there is quite stable. The same can be said about several areas in Italy as well as London and Paris. 
 
Most experts assume that more investors will get interested in hotels in 2013.  
 
 

 

 

 

European Housing Market Outlook 2013
 
Experts anticipate a decline in the following European housing markets:
·         Spain (-40%)
·         Greece (-20%)
·         Italy (-15%)
 
The markets will keep showing weakness because of the crisis phenomena that can be seen in the mentioned economies. Some of them say that the sellers of the most liquid housing assets may wait till the situation improves.



1.      Italian residential property. They say there is a clear tendency that implies higher demand for luxurious residential property like villas, castles, mansions, penthouses.
 
At the same time, the prices on mid-class property are falling.  Moreover, more people start investing in fixed property under construction because the price is much lower than the one that will be set afterwards.
 
As for the north of Italy, which is usually considered to be the more prosperous area, it seems to be suffering from multiple crisis phenomena as well. Housing prices in the area are expected to fall in 2013.
 
The picture above represents a villa in Camaiore. In 2011, it cost €3 780 000. The current price is €3 600 000.
 
2.   Bulgarian residential property. They say the housing market will stabilize in 2013. The market used to show weakness because of undeveloped legislation.
 


 

1.      French residential property. The French housing market is expected to see stagnation in 2013.Even though some housing units located in resort areas may become more expensive, the increase won’t exceed 5-7%. The rest of the market won’t see any major changes.
 
 
The picture above represents an apartment in Nice. In 2011, it cost € 812 500. The current price is € 650 000.
 
 
In general, experts say that the overall tendency in Europe’s housing market will be positive. However, it is reasonable to purchase residential property for personal use only because leasing cannot be const-efficient at the point while it will be impossible to resell the property at a higher price in the near future.
 
 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Settlement between Microsoft and Nokia will be shut this Friday, as stated by Optionova

This week at last will be shut a settlement between Microsoft and Nokia. Programming Organization purchases the Finnish organization's versatile division. "Settlement of the Century", as it is called by a few experts, will be shut on the 25th of April, this Friday. Furthermore, on the 29th of April, Nokia will entirety up trimestral results. Specialists of binary options broker Optionova will tell about it in details. 

Publication date: 23 April 07:04 AM

Apple and Google will battle for the right to be the first in supplying diversions and requisitions, as they assume in Optionova

Apple and Google went on the war way for the vicinity of singular gaming requisitions in their working frameworks. Designers are urged to earnestly advertise faithfulness. It is accounted for by The Wall Street Journal (WSJ) alluding to educated sources. The subtle elements will be told by binary options broker Optionova. 

Publication date: 22 April 10:08 AM

Shares of Google, as stated by Optionova, fell after the production of the quarterly report

Google discharged its fiscal effects for the first quarter of 2014. Markers have been expanded contrasted and the same period a year prior. Notwithstanding, certain variables befuddled gurus such a great amount of, that in the wake of summing up, the shares on the stock trade fell. Why did it happen, examiners of binary options broker Optionova will retell of it.  

Publication date: 18 April 12:28 PM

Specialists of American doctor's facilities started to utilize Google Glass, as it got known to Optionova

 A standout amongst the latest improvements in Information Technology - Google Glass - just about promptly after all vital tests turned into a prominent item in the Internet space. Occupants of numerous nations like to investigate all the upsides and downsides of this advancement, and at exactly that point because of the consistent screening to discover the date of the arranged section into the business sector of unique glasses.

Publication date: 14 April 04:33 AM

Saudi Arabia Destroyed USSR: Can It Destroy Russia?

 

Some Western experts say they have found Russia’s heel of Achilles. The USA thinks the best way to press Putin is to manipulate oil prices since Russia is an export-oriented economy. In particular, it depends on oil and natural gas exports. Therefore, too weak prices may finish the Russian economy, US politicians believe.
 
The experts say that Saudi Arabia may help the USA and the West in general to implement this ambitious goal aimed at undermining the Russian economy, which depends on energy exports.
Publication date: 08 April 11:40 AM

In Optionova they figured out, that in several years Apple will speak to a "transparent" iphone

 The USA IT- goliath Apple affections to patent different developments. Regularly these licenses are never utilized, however the thought stayed for possible later use. Then again, in some cases the organization deliberately enlists that will be utilized within its future overhauls. As of late it got realized that Apple needs to get records on the transparent Savvy. Examiners of paired alternatives intermediary Optionova will tell the subtle elements.

 

Publication date: 02 April 08:29 AM

Sanctions Against Russia and Consequences For Ruble, Dollar and Euro

 

The EU promises to impose tough sanctions on Russia, thereby following into the USA's steps. The leaders claim Russia will have to pay for annexing the Crimea, which used to be a part of Ukraine. These sanctions are promised to be divided into several packages and rounds to introduce them gradually. The ultimate goal seems to be a complete breakup of all the economic and political relations with Russia.
 
Market Leader and Masterforex-V Academy tried to figure out the possible consequences of these sanctions for the involved economies and their national currencies.
 
Publication date: 28 March 06:38 AM

As it turned out by Optionova, Google will secure Gmail clients from the security administrations and spies utilizing extra encryption

  

Google normally upgrades its email administration Gmail. This time, the Internet giants protected its clients from the security administrations. To build security, the whole trade of letters was exchanged to a protected HTTPS- convention. Unapproved persons have no right to gain entrance to Google's servers to the conveyance. About the preferences of this strategy will let you know about the investigators of double choices by the representative of Optionova. 

Publication date: 27 March 05:38 AM

George Soros on Ukraine, EURUSD Prospects

 

It seems like the entire world is currently watching and discussing the situation around Ukraine and the Crimea (which was recently joined the Russian Federation after the local referendum).
Publication date: 24 March 10:30 AM

EU Abandons South Stream, Consequences For Europe, Russia and Natural Gas Futures

 

It is common knowledge that the EU has always complained about the South Stream, long before the Ukrainian crisis. These complaints are based on Europe's desire to preserve its energy independence and to get cheap (or almost free) energy sources from outside (since there are no domestic energy sources).
Publication date: 20 March 12:43 PM