RICS European Housing Review
The RICS European Housing Review 2009 looks at the performance of European housing markets in 2008, analysing trends across the continent in areas such as:
- inflation
- building activity
- mortgage markets
- turnover
What were the key messages?
- House prices are static or falling across all of Europe
- The chances of core European housing markets escaping marked downturns in 2009 are now slim
- House prices fell significantly in 2008 in central and eastern Europe, Ireland, France, UK and among the Nordic countries
- All Europe's housing markets are experiencing rapidly falling demand and too much supply, due to the impact of the credit crunch and recessions in Europe's major economies
- New build markets in the major cities of central and eastern Europe are at a standstill, with a rising tide of unsold dwellings
Read the full reports:
RICS European Housing Review 2009
RICS European Housing Review 2009 Executive Summary
RICS European Housing Review 2009 Executive Summary - French
RICS European Housing Review 2009 Executive Summary - German
RICS European Housing Review 2009 Executive Summary - Italian
