Monday 17 October 2011
Investment in real estate still going up!
Despite economic concerns third quarter figures show global investment in real estate is holding up well with transaction volumes up 36% in the third quarter of 2011 compared with the same period in 2010.
Germany, France, Scandinavia and Russia all continue to attract strong investors interest. With a total of $US41 billion in the third quarter, european transaction volumes have held up well with an increase of 14% on the last quarter and a 38% rise on the third quarter 2010.
Canada and the United States saw a slowdown in the third quarter with volumes down 22% compared with what was a very strong second quarter.
France in general and Paris especially remain strong markets showing no sign of weakness as the prices went up 20+% over the past 12 months.
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