Property Snapshot June 2008

Published: May 2008
Source/Company: Colliers CRE

Abstract:
Increasingly it is difficult to resist growing market pessimism. It is almost mid-summer and property investment transactions volumes are not recovering, bank lending restrictions are not easing, and the term ‘double-dip’ is appearing more frequently in the property press.

Statistical economic indicators remain mixed and there is a growing reliance on confidence measures by analysts who continue to try and quantify trends in a weak market

Inflation may well be the key to market recovery, but there are fundamental disagreements over the root cause of commodity price rises that look increasingly like bubbles.