Fresh news and events on Prian.ru http://prian.eu Thu, 29 Jul 2010 14:50:00 GMT notepad.exe en http://prian.eu/news/19616.html President Ilham Aliyev has approved regulations on stipulating and maintaining a unified real estate cadastre. <div style="text-align: justify; ">According to the document, the government plans to register all types of property, regardless of the type of ownership, ABC.az reports.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">The cadastre will be introduced through a special center at the State Committee for Property Issues. The cadastre will be available both on paper and in electronic form.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">Within the next three months, Azerbaijani government should develop an appropriate legislative framework and set a timetable for property registration.</div> <div style="text-align: justify; ">&nbsp;</div> Wed, 28 Jul 2010 08:35:00 GMT http://prian.eu/news/19607.html In June, the number of deals with detached houses on US primary market soared by 23.6%, compared to the preceding month. <p style="text-align: justify; ">At the same time, in comparison with June 2009 sales have declined by 16.7%, RTTNews reports, citing data from U.S. Department of Commerce.&nbsp;<br /> <br /> Moreover, the growth of buying activity registered during the past month, could not compensate the May decline in new housing sales, which amounted to 32.7% on a monthly basis.&nbsp;<br /> <br /> In June, average values of transactions involving primary homes have climbed down by 1.4% compared to May, while decreasing by 0.6% in annualized terms.</p> Tue, 27 Jul 2010 07:20:00 GMT http://prian.eu/news/19595.html In June, the price index for residential buildings in the emirate dropped by 0.4%, compared to the preceding month. <div style="text-align: justify; ">The cost of houses declined by 2.2%, while apartment prices have climbed up by 0.7%, Arabian Business reports, citing data from the joint study of the REIDIN.com portal and the Real Estate Regulatory Agency (RERA).&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">We would like to remind you, that in May, Dubai housing prices have decreased by 1.2% compared with April, and the decline was observed in both market segments.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">In Q2 apartments in the emirate have depreciated by 5.3%, in comparison to the same period last year. Prices for villas have increased by 7%.</div> <div style="text-align: justify; ">&nbsp;</div> Mon, 26 Jul 2010 07:25:00 GMT http://prian.eu/news/19588.html According to the experts, the total market value of environmentally-friendly buildings in the country will increase from the current $71.1 billion to $173 billion in 2015. <p style="text-align: justify; ">In the segment of commercial property, the growth will amount to 18.1%, with values working out $81.8 billion, the Realtor edition informs with reference to the research presented by EL Company.&nbsp;<br /> <br /> Analysts believe that active development of the &ldquo;eco-property&rdquo; market will be fuelled by government initiatives and specialized funds, which will provide grants for the use of environmentally-friendly building technologies.&nbsp;<br /> <br /> It is noted that construction of such properties would be more costly for developers, but buyers will eventually win: &ldquo;green&rdquo; technology will help saving on the consumption of electricity and thermal energy.</p> Fri, 23 Jul 2010 11:30:00 GMT http://prian.eu/news/19581.html Over Q2, the total value of commercial property transactions in the region has climbed up by 13%. <div style="text-align: justify;">In general, during the first half of 2010, the figure has skyrocketed by 150%, compared to the same period last year, according to the report by CB Richard Ellis.&nbsp;</div> <div style="text-align: justify;">&nbsp;</div> <div style="text-align: justify;">The sharpest investment activity was observed in key markets of Central and Eastern Europe. Poland, where 47% of total investment transactions with commercial property were concluded, has become the leader in Q2. Second place was occupied by Russia (25% of total investments).&nbsp;</div> <div style="text-align: justify;">&nbsp;</div> <div style="text-align: justify;">The average transaction price in the region has increased up to &euro;41 million, which is close to the pre-crisis indicators (&euro;45 million). At the moment, the leading segment is retail property.&nbsp;</div> <div style="text-align: justify;">&nbsp;</div> <div style="text-align: justify;">In comparison with Q1, yields from commercial buildings in Central and Eastern Europe has remained stable.</div> Thu, 22 Jul 2010 14:15:00 GMT http://prian.eu/news/19570.html In June, 482 apartment transactions were registered in the Belarusian capital, which is 52.8% lower than in June 2009. <p style="text-align: justify; ">Pro-n.by portal reports on this matter, citing data acquired from the National Cadastre Agency.&nbsp;<br /> <br /> Note that the annual rate of decline has accelerated by June. In May, the reduction in apartment transactions in Minsk has been working out 39%, while amounting to 12.9% in January-May.<br /> <br /> According to previously published official data, over the period from May to June, prices for Minsk apartments have climbed down by 1.2%. Many home buyers are resorting to wait-it-out strategy, hoping for further price reductions.</p> Wed, 21 Jul 2010 12:00:00 GMT http://prian.eu/news/19559.html In May, the indicator has increased by 3.6%, compared to the preceding month. <div style="text-align: justify; ">May has become the second consecutive month of growth in local commercial property prices. The April increase worked out 1.7%.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">At the same time, in yearly comparisons, prices have declined by 6.3%, while plummeting by 38.9%, in relation to October 2007 peaks, The Washington Post reports, citing data provided by the Moody's rating agency.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">Specialists expect to see a significant increase in prices within the coming months. In general, however, the market remains weak: transactions number is low and macroeconomic forecasts are quite pessimistic.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <p>&nbsp;</p> Tue, 20 Jul 2010 11:30:00 GMT http://prian.eu/news/19546.html Over the first half of 2010, the figure has plummeted by 40%, compared to the same period last year. <p style="text-align: justify;">8.2 thousand buildings were constructed in Ireland between January-June, 6,700 of which are housing units, The Irish Times says, citing data provided by the commercial and residential buildings database GeoDirectory.&nbsp;<br /> <br /> The largest share (13%) of all new construction is attributed to the city of Cork.<br /> <br /> According to experts, roughly 15,000 units will be built in the country in 2010. For comparison, throughout the last 10 years, the average annual figure was working out 68,000 properties, while the 2007 peaks amounted to 90,000.</p> Mon, 19 Jul 2010 07:25:00 GMT http://prian.eu/news/19544.html As of June, 5,130 new apartments were put up for sale in Japanese capital, which exceeds the levels of last June by 66.6%. <p style="text-align: justify; ">Annual growth in this indicator is observed throughout the last five months, The Japan Times reports, citing data provided by the Real Estate Economic Institute.&nbsp;<br /> <br /> The majority of new apartments (83.9%) were listed in Tokyo&rsquo;s suburbs - Kanagawa, Saitama and Chiba.&nbsp;<br /> <br /> Average apartment prices in the Japanese capital have climbed up by 3.3%, compared with last June, up to 46.9 million yen ($541,000).</p> Sat, 17 Jul 2010 08:00:00 GMT http://prian.eu/news/19542.html In Q1, the index of Spanish residential property prices has climbed down by 0.9%, compared to the preceding quarter. <p>The most significant decline was registered in regions of Navarra, the Canary Islands and Cantabria, RTTNews reports, with reference to the Spanish Ministry of Housing.&nbsp;</p> <div>&nbsp;</div> <div>In comparison with the Q2 2009, Spanish housing has depreciated by 3.6%. The sharpest decrease was observed on the Canary Islands, Valencia and Aragon. At the same time, home values have increased in Asturias, Galicia, Castilla-La Mancha, Extremadura and Cantabria, in yearly calculations.&nbsp;</div> <div>&nbsp;</div> <div>We would like to remind you that Spanish residential property prices have climbed down by 1.2% over Q1, compared to the preceding quarter.</div> Fri, 16 Jul 2010 12:05:00 GMT http://prian.eu/news/19537.html Over the first half of 2010, transactions with new apartments in Lithuanian capital have skyrocketed by 47% compared to the same period last year. <div>Average transaction prices have also increased - by 2% in economy-class segment (&euro;800-1300 per a sq. m), by 3% in the medium price segment (&euro;1300-1800 per a sq. m), while climbing up by 1% in the premium-class segment (from &euro;1800 per a sq. m.).&nbsp;</div> <div>&nbsp;</div> <div>The number of apartments offered on the Vilnius primary market has plunged by 33%, The Baltic Course says with reference to the Register Center.&nbsp;</div> <div>&nbsp;</div> <div>It is noted that the share of primary apartments in Vilnius works out 27% of the total number of transactions, whereas in other major cities of Lithuania - Kaunas and Klaipeda - only 3% and 6%, respectively.</div> Thu, 15 Jul 2010 15:30:00 GMT http://prian.eu/news/19517.html Over the first half of the year, the number of property sales in the country surged by 20%, compared to the same period last year. <p>The total value of deals has climbed down by 4%, year-on-year, The Baltic Course says, citing data provided by the Land Department.&nbsp;<br /> <br /> The number and total volume of transactions concluded in Tallinn soared by 40% and 12.7%, respectively.&nbsp;<br /> <br /> It is noted that in 2006-2007, when Estonian property market was experiencing a boom, the number of sales was almost twice higher than at present, and the total volume of transactions exceeded current indicators by nearly four times.&nbsp;<br /> <br /> Read also: <a target="_blank" href="http://prian.eu/news/19439.html"><u>Transactions with Estonian property are on the rise</u></a></p> Wed, 14 Jul 2010 08:25:00 GMT http://prian.eu/news/19507.html In May, the average value of residential property in the country has climbed up by 6.8% year-on-year. <p style="text-align: justify; ">U.S. housing continued to appreciate throughout June: its value has increased by 8.8%. June rate has become the highest annual growth registered over the past two years, Housing Wire reports, citing data provided by the Clear Capital Company.&nbsp;<br /> <br /> Over Q2, prices have increased by 5.2%, compared to the preceding quarter.&nbsp;<br /> <br /> Analysts believe that the increase in transactions number was caused by tax breaks for home buyers, which, in its turn, has pushed up the prices.</p> Tue, 13 Jul 2010 13:35:00 GMT http://prian.eu/news/19496.html Prian.ru portal has prepared its regular monthly report on overseas property markets most popular among Russians. No significant changes in comparison to May 2010 were observed in the TOP-10. <p style="text-align: justify; ">23 months in succession, the list is headed by Bulgaria, which has attracted nearly 20% of the total number of requests submitted in June by our visitors to the database of the Prian.ru property portal. Break-off from its pursuers, Germany and Spain, is quite significant: since March 2010 it has been exceeding 10% of the total number of requests. Germany&rsquo;s breakaway from Spain has increased once again.<br /> <br /> Russian buyers&rsquo; interest in Czech and Finnish markets continues to decline. Interest expressed towards Czech republic, was continuously increasing for 11 months in a row, however, the indicator has started decreasing in May, which is mainly due to seasonal trends. The share of Russian buyers interest in Finnish property market is continuously decreasing for 8 months.&nbsp;<br /> <br /> Trend noted by specialists of the Prian.ru portal in May, still prevails on the market: Russian buyers&rsquo; interest in &ldquo;warm&rdquo; European countries remains quite high. Spain, Italy and France have remained on their positions in the TOP-10, while Greece, Croatia and Portugal have climbed up. Turkey, while being not a completely European country, has gained the most significant percentage &ndash; 0.66%.<br /> <br /> Also, beyond the TOP-10, Canada, Sweden, Australia and the UK, have made a considerable leap up in June. Egypt, Thailand and Cyprus have lost their positions.<br /> <br /> <b>TOP-10 Markets Most Popular Among Russian Overseas Property Buyers</b></p> <table width="100%" border="1" cellpadding="1" cellspacing="1"> <tbody> <tr> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Position<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Country&nbsp;<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Percentage of the overall request number</span></td> </tr> <tr> <td>1</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Bulgaria &nbsp; &nbsp;<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">19.96</span></td> </tr> <tr> <td>2</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Germany &nbsp; &nbsp;<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">8.80</span></td> </tr> <tr> <td>3</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Spain &nbsp;&nbsp;<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">8.01</span></td> </tr> <tr> <td>4</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">USA<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">6.30</span></td> </tr> <tr> <td>5</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Italy<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">4.97</span></td> </tr> <tr> <td>6</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Czech Republic&nbsp;<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">4.33</span></td> </tr> <tr> <td>7</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Finland<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">4.04</span></td> </tr> <tr> <td>8</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Turkey<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">3.93</span></td> </tr> <tr> <td>9</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">Montenegro<span class="Apple-tab-span" style="white-space: pre; "> </span></span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">3.69</span></td> </tr> <tr> <td>10</td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">France</span></td> <td><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; ">2.89</span></td> </tr> </tbody> </table> <p style="text-align: justify; ">The rating is based on analysis of requests submitted in June 2010 to a property database of the &ldquo;Prian.ru &ndash; International Property&rdquo; portal by our visitors.</p> Mon, 12 Jul 2010 12:00:00 GMT http://prian.eu/news/19488.html The Japanese company sold its office building - Bow Bells House – located in financial district of British capital – the City. Deal is worth more than 140 million pounds ($213 million). <p style="text-align: justify; ">A private investor, whose identity is undisclosed has decided to purchase this building with a floor area of 15.3 thousand square meters. Bank of Ireland is one of the main renters in this complex, Bloomberg reports.<br /> <br /> According to Masami Amano, managing director of Mitsubishi Estate&rsquo;s U.K. business, this deal would allow the company to continue its further development in Britain. At the moment, the company is looking across the City and West-End in order to find other commercial properties.</p> Sat, 10 Jul 2010 08:30:00 GMT http://prian.eu/news/19476.html Over the first half of 2010, the volume of investments in multifamily residential buildings has decreased by 4.7%, compared to the preceding six-month-period, down to ˆ2.1 billion. <div style="text-align: justify; ">Investment transactions plunged by 18.9%, while the number of residential properties acquired by investors has climbed down by 1.4%, Property Magazine International says, citing data provided by the Savills company.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">At the same time, the number of large transactions (over 1000 properties) has increased to nine deals. Five of them were inked by foreigners. For comparison, 11 such deals were concluded in 2009, two of which were accounted for foreign investors.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">We would like to remind you that, according to data previously published by Cushman&amp;Wakefield, over the first half of 2009, investment in German apartment buildings has amounted to &euro;1.58 billion, which exceeds the last year indicators by 17.9%.&nbsp;</div> Thu, 08 Jul 2010 11:05:00 GMT http://prian.eu/news/19460.html In June, residential property values in the country rose by only 0.1% on the previous month. <div style="text-align: justify; ">May increase was also quite insignificant - 0.5% on a monthly basis, according to a report by the UK's largest building society - Nationwide.&nbsp;</div> <div style="text-align: justify; ">&nbsp;&nbsp;</div> <div style="text-align: justify; ">In June, the average cost of UK housing has amounted to &pound;170.1 thousand (&euro;205.8 thousand), while working out &pound;169.2 thousand (&euro;204.7 thousand) in May. Compared with the same months of 2009, prices have climbed up by 8.7% and 9.8%, respectively. We would like to remind you that in April, annual two-digit growth (10.5%)&nbsp;was registered for the first time in three years.&nbsp;</div> <div style="text-align: justify; ">&nbsp;&nbsp;</div> <div style="text-align: justify; ">In general, over the first half of 2010, UK residential property values have increased by 3%.&nbsp;</div> Wed, 07 Jul 2010 07:45:00 GMT http://prian.eu/news/19452.html In Q1, the figure has increased by 8.4%, compared to the preceding quarter. <div style="text-align: justify; ">In comparison to Q1 2009, the volume of office space leased in Portuguese capital has surged by 63.9%, according to a report recently published by CB Richard Ellis.&nbsp;</div> <div style="text-align: justify; ">&nbsp;&nbsp;</div> <div style="text-align: justify; ">Despite the noticeable increase in tenants&rsquo; activity, the market remains volatile. Thus, over Q1, not even a single&nbsp;commercial property&nbsp;investment deal was signed in Lisbon.&nbsp;</div> <div style="text-align: justify; ">&nbsp;&nbsp;</div> <div style="text-align: justify; ">The increasing volume of new offices has pushed up vacancy rates - from 10% in Q4 2009 to 10.5% in Q1 2010.&nbsp;</div> <div style="text-align: justify; ">&nbsp;</div> <div style="text-align: justify; ">Over January-March, rents have remained at a stable level of &euro;11.5-15.5 per a sq. m. per month.&nbsp;</div> Tue, 06 Jul 2010 09:40:00 GMT http://prian.eu/news/19441.html In Q2, average prices for national residential property have decreased by 3.4%, compared to the preceding quarter. <div style="text-align: justify;">In relation to Q2 2009, the decline has amounted to 7%. As of June, Irish housing values have declined by 13.7%, year-on-year, The Irish Times reports, citing data provided by the topical web-site Myhome.ie.&nbsp;</div> <div style="text-align: justify;">&nbsp;</div> <div style="text-align: justify;">In April-June, Dublin home prices have climbed down to 4.5% in quarterly terms while plunging by 17% in annualized calculations.&nbsp;</div> <div style="text-align: justify;">&nbsp;</div> <div style="text-align: justify;">According to forecasts of the Irish Institute of Social and Economic Research and the international rating agency Moody's, by the end of 2010, home prices may decline by 12-15%. Note that over Q1 prices have declined by 4%, compared to the preceding quarter.</div> <div style="text-align: justify;">&nbsp;</div> Mon, 05 Jul 2010 12:00:00 GMT http://prian.eu/news/19439.html In Q2, the indicator soared by 25%, compared to the same period last year. <p style="text-align: justify; ">In quarterly terms, the indicator&rsquo;s increase has become the most rapid since the beginning of 2006, The Baltic Course reports with reference to data provided by Bloomberg.<br /> <br /> Overall value of property transactions concluded over April-June had amounted to &euro;23.8 million, which exceeds the last year&rsquo;s indicators by 12%.<br /> <br /> According to Ober-Haus company, the number of transactions with Estonian apartments concluded in Q1 has increased by 19%, year-on-year, while their prices surged by 47%.</p> Mon, 05 Jul 2010 09:00:00 GMT http://prian.eu/news/19426.html Total area of properties sold on primary housing market of the largest Chinese city soared by 35.5% over June, compared to the preceding month. <p style="text-align: justify; ">After the May decline in sales of primary residential property, which has been triggered by governmental measures aimed on regulating the market, the figure started increasing again.&nbsp;<br /> <br /> Prices, which the authorities were planning to reduce, remain considerably high - over $3 thousand per a sq. m. Over the first half of the year, primary housing prices in Shanghai have amounted to an average of $3.1 thousand per a sq. m., Shanghai Daily reports, citing data provided by the Shanghai Uwin Real Estate company.&nbsp;<br /> <br /> Such situation may indicate that the Government should seek new ways to cool down the market. On the other hand, developers started selling residential properties with discounts, which sometimes reach 20%. June increase in sales volumes may be linked with this fact.</p> Fri, 02 Jul 2010 07:20:00 GMT http://prian.eu/news/19417.html The number of housing units started in QI decreased by 11%, compared to the preceding quarter. <p style="text-align: justify; ">If compared to Q1 2009, the decline has amounted to 21.7%, Spanish Property Insight says, citing data provided by the Spanish Ministry of Housing.&nbsp;<br /> <br /> Over January-March, the number of completed housing units plunged by 14% in quarterly terms, while declining by 58% on annualized basis.&nbsp;<br /> <br /> Regions of Catalonia, Andalucia, Castilla-La Mancha and the Canary Islands have become the leaders in terms of started housing projects. Major part of all housing projects (56% of the overall number) were completed in the regions of Andalusia, Valencia, Castilla-La Mancha, Catalonia and Galicia.</p> Thu, 01 Jul 2010 11:25:00 GMT http://prian.eu/news/19400.html In May, the index of home prices in the emirate has climbed down by 1.2%, compared to the preceding month. <p style="text-align: justify; ">Residential property prices have declined by 0.6%, while flat cheapened by 2.9%, Arabian Business reports with reference to a joint study by Real Estate Regulatory Agency (RERA) and the Dubai Land Department (DLD).&nbsp;<br /> <br /> In comparison to May 2009, Dubai housing prices have climbed up slightly, gaining 0.3%.&nbsp;<br /> <br /> We would like to remind you that, according to Jones Lang LaSalle, housing prices in the emirate have increased by 1%, Q1 to Q2.&nbsp;<br /> <br /> See also: <a target="_blank" href="http://prian.eu/news/18975.html"><u>Experts forecast a further decline in Dubai housing prices</u></a></p> Wed, 30 Jun 2010 08:25:00 GMT