There is an unprecedented real estate boom in parts of India. These are the National Capital region, certain parts of Bombay-New Bombay-Pune and outsourcing Mecca - Bangalore. It is to a great extent, driven by the huge growth of the IT (Information technology) and BPO (Business Process Outsourcing) industry.
As the IT industry grew, employees got […]

It is inherent in market systems, to move to between extremes, so at the very least real house prices will decline by 10%, depending on the effects on the economy, which obviously will be negative this will feed through to further declines.
As the bull trend in house prices from 1994 to 2004 was unprecedented, so […]

Housing markets across Europe have strengthened over the past year, with all the major market indicators; house prices, transactions, mortgages and housebuilding, all showing strong growth, according to RICS’ European Housing Review 2005

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