Interest rates, unemployment and lack of finance likely to hold up global market recovery

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Interest rates, unemployment and lack of finance likely to hold up global market recovery


News Article Date: Thursday 11th of June 2009

The first six months of 2009 has brought mixed result for global property markets but with tentative signs of growing confidence there is talk of signs of recovery. But others, most notably Dubai, are still very much on the downturn and analysts struggle to find any signs of improvement. However, some emerging markets like Brazil and Turkey are seeing renewed interest from property investors. Property Wire has spoken to analysts and real estate professionals in key markets and asked them what they believe will happen in second half of 2009.
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