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| The end of the recession |
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World economy has survived the deepest post- World War II recession, state the International Monetary Fund in their World Economy Outlook Report. The report assumes that there will be a revival in world economy growth starting next year. It is expected that economy will contract by 1.1 this year before reaching growth of 3.10 % in 2010. The Eurozone countries will be experiencing a slow recovery from the recession in the following months, the IMF forecasts make clear. IMF also assume that the economy of these countries will most probably grow by 0.3%, - a raise in effect, compared to the expected shrink by 0.3%. Although the financial crisis is not over yet, global economic revival has truly begun.
Improvement in the state of global economy will have a positive impact on the real estate market. As we already informed you, according to an analysis made by “Century Homes”, there was a tendency in the last several months for revival and optimization in the sector. Statistics of Century Homes Real Estate show that the number of buying clients has risen twice, and the number of those initiating real estate searches has risen more than three times for the last quarter.
Another positive factor that Century Homes recognize is the significant renewal of investments in construction in Veliko Tarnovo Region. The realization of several big projects in residential construction in different parts of the city is about to happen.
We at Century Homes want to make sure that you are always informed, and that is why, in our offices, as well as online at www.ch-eu.com, you may find detailed information on the latest tendencies on the real estate market and the most attractive offers presented by our agents. |
| Monday, Oct 05, 2009 |
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| » RENTALS |
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| Apartment |
€ 500 |
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| Location: |
Veliko Tarnovo |
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