The struggling UK sales market has propelled the nation ten places down the global house price index list, Knight Frank has revealed, and has been overtaken by a list of countries unknown previously for their perky housing markets.
In the area around Bucharest, the real estate market is stabilizing after several years of price increases followed by a cool-down in demand.
A stable economic environment and growth potential has resulted in the commercial real estate market in Bucharest, Romania, gaining momentum with sales expected to be close to €800 million by the end of 2015.
This year has continued the growth trend begun in 2014 and saw a real estate market dominated by more courageous players, according to the latest analysis report from real estate firm Colliers International.
Farmland in Europe: Prices and players from east to west
Commercial property investment activity in Europe reached its highest level since 2007, totalling €102.5 billion in the first half of 2015, the latest market analysis report shows.
The investment volume across the 16 participating countries was 25% up on the same period last year, according to the European Investment Briefing report from international real estate advisor Savills.
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