Relevant:
- Spanish property market slumps further in first quarter
- Looking into the Japanese real estate mirror: Residential home prices in Japan back to levels last seen 30 years ago in spite of near zero percent mortgage rates.
- U.K. Commercial Property Prices Have First Annual Increase in Four Years
- Analysis: Bubble concerns spread to China commercial property
- U.K. October House Prices Fall for Fourth Month, Hometrack Says
2009-08-02 — financialarmageddon.com
``A year ago everyone was worried about losses on residential-property loans. If the latest data are any guide, both American and British house prices may be finding a bottom. Concerns are now switching to the commercial sector. History suggests downturns in that market last for years, rather than months. Almost 20 years have passed since the Japanese property market peaked. Prices still fell by 4.7% last year. ''
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