Housing prices will abide to acceleration over the advancing years. The clip of these rises, however, will apathetic down considerably. High absorption rates, tighter acceptance to loans and a cooling labour bazaar are the factors that will abate demand. Supply, on the added hand, seems to accept ailing and is acceptable to abate over the next years – which should advice stabilise absolute acreage prices. A turn-around is accepted in the bazaar in 2009 if absorption ante alpha to abatement afresh and a new advancement aeon begins in the economy.
To apprehend the accomplished address visit: www.kaupthing.com/lisalib/getfile.aspx?itemid=11919.
Author:
Asgeir Jonsson, arch of the appraisal administration of Kaupthing Bank.
asgeir.jonsson@kaupthing.com
About Kaupthing Bank
Kaupthing Bank offers absolute bartering and investment cyberbanking casework to individuals, companies and institutional investors. The Bank is a arch amateur in all the capital areas of the Icelandic banking market, and in accession to Iceland, the Bank's key markets are Denmark and the United Kingdom. The Bank focuses on the advance and development of its all-embracing activities and aims to be one of the arch investment banks in arctic Europe.
Kaupthing Bank operates in twelve countries with its address amid in Reykjavík. The Bank's capital subsidiaries are FIH Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing Bank Oyj in Finland, Norvestia Oyj in Finland, Kaupthing New York, Kaupthing Asset Management in Switzerland and Kaupthing Norge in Norway. The Bank aswell has activities in the United Arab Emirates (Dubai) and Qatar and operates a annex in the Faroe Islands. As of 30 September 2007 the amount of full-time agnate positions was 3,190 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
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