TITLE

Bubble Territory, But 1997 Repeat Unlikely

PUB. DATE
November 2010
SOURCE
Asia Monitor: China & North East Asia Monitor;Nov2010, Vol. 17 Issue 11, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the outlook for the property market for 2010-2011 in Hong Kong, China. It does not expect a collapse similar to the 1997 bursting of property bubble despite the anticipated decline in property prices in 2011. It forecasts the moderation of prices by 10% to 20% in 2011. It predicts that the key drivers behind the surging prices such as low interest rates and rising incomes will further the decline in the prices.
ACCESSION #
54394263

 

Related Articles

  • Excluding Strip deals, valley land prices soften. ILLIA, TONY // Las Vegas Business Press (10712186);8/13/2007, Vol. 24 Issue 33, pP2 

    The article reports that land values in the Las Vegas Valley decreased slightly due to high development costs, high interest rates and the slowdown in the housing market. Research firm, Applied Analysis, said that vacant lot prices were 31.2 percent higher in the second quarter of 2008 but...

  • SPEECH BUBBLES. Kenneally, Christine // Monthly: Australian Politics, Society & Culture;May2011, Issue 67, p12 

    The article discusses bubble issues in the real estate market. It relates the auction of a house at North Fitzroy in Melbourne, Victoria on March 5, 2011 in which the 960, 000 dollar bid increased to 1,030,000 dollars buying price. It adds that economist Leith van Onselen, a blogger of...

  • Bubble or no bubble?  // EuroProperty;10/8/2012, p20 

    The article presents information regarding the valuation and growth of Germany's property market in 2012. It mentions that he country's residential property investments have been highly sought after by investors, and experts disagree over whether German residential price rises are a bubble or a...

  • Real Estate Booms and Price Bubbles: What Can Germany Learn from Other Countries? Dreger, Christian; Kholodilin, Konstantin A. // DIW Economic Bulletin;Jun2013, Vol. 3 Issue 6, p16 

    When speculative price bubbles on real estate markets burst, the effects for the real economy are often devastating taking the form of substantial losses in production and employment. This paper discusses the degree to which institutional frameworks can prevent speculative bubbles from emerging...

  • Home prices mostly ebb. Kahn, Kathy // Westchester County Business Journal;2/4/2008, Vol. 47 Issue 5, p5 

    The article provides information on the prices of real property in Westchester County, New York. The subprime mortgage meltdown causes buying to warm up a little in some areas of the residential market, while others remain to defy the housing chill and watch prices fall. National builder Lennar...

  • LEADING INDICATORS. Levenson, Eugenia // Fortune;2/20/2006, Vol. 153 Issue 3, p19 

    The article highlights leading indicators for the real estate market in the United States. Figures, such as the average price tag for an existing home and increases in the median house price, are given to show the potential rising of house prices in the coming year. Other figures, including...

  • Believe It-or Not? Bubble Talk Persists.  // Community Banker;Jun2006, Vol. 15 Issue 6, p72 

    The article presents the results of a survey on the views of lenders on real estate bubble conducted by Phoenix Management in the U.S. Only two-thirds of lenders believed that there is a real estate bubble. There are 92% of lenders who anticipate the decrease of real estate prices by 10 to 20%....

  • 2008 sees capital values slide 27%.  // EG: Estates Gazette;1/24/2009, Issue 904, p46 

    The article focuses on the financial performance of the British real estate industry. According to the IPD UK monthly index, commercial property returns have decreased by 5.3% in December 2008. This brings the all-property capital value decreases during 2008 to 27.1%, while the overall...

  • Prestige overview.  // BRW;3/20/2008, Vol. 30 Issue 11, p40 

    The article highlights key economic indicators and trends in the prestige property market in Australia as of March 2008 citing the implications of the global financial crises. Prestige property prices are expected to hold firm in 2008, according to Knight Frank national research director Matt...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics