Feb 5
Global Real Estate Scenario
Posted on Sunday, February 5, 2012 in real estate
The real estate sub-prime crisis precipitated the global economic slowdown in 2008.Surveys indicate that in addition to the housing sector, the other real estate sectors also will be hit in 2009.More foreclosures are predicted this year. Housing prices are expected to fall further. The crisis of 2008 is likely to spill over to 2009 also.