Few analysts deny the long-term viability of investing in either the regional property market
or the stock markets, but it is the speculative streak of investors in the short-term that is a cause for concern.
Though the property market
is on the brink of a collapse, the situation can still be managed if timely measures are taken by the authorities concerned.
5 per cent) of the respondents thought that any losses or gains in the Dubai property market
will be within 10 per cent of their current value, with 31 per cent stating the market will decrease by less than 10 per cent and 20.
The OeNB website now provides access to the OeNB's property market
analyses and their underlying data.
Keogh and D'Arcy (1994) argue that maturity of the property market
is not a process with an absolute finished accomplishment, it is rather a process that depends on market development routes and time periods to reach it, taking into account specific markets' processes and institutional forms.
He said these early results made him optimistic for the year ahead and urged anyone who was thinking of buying a house, particularly those currently renting, to act quickly and get back into the property market
soon before prices rise still further and they miss out on the best deals.
Only 15 percent said the property market
is softening, while 10 percent said the casualty market is softening," Towers Watson said in a statement.
She added: "This can only be good news for the property market
as well, as first time buyers are at the start of the property market
Despite the state officials' statements, the property market
in Armenia has not yet recovered from the crisis and will
Affordability needs to be maintained and if that continues we can look forward to a sustainable property market
in 2013/14 with manageable growth across all market sectors, which is good for investor confidence.
Despite unprecedented economic challenges in 2011, the residential property market
showed resilience according to data released from the Agency Express Property Activity Index.
It'd be Groundhog Day all over again at Kipp if we began another Dubai property market
story with a comment like 'it is Groundhog Day.