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S&P's: real estate market, in Europe there is not only contraction

Standard & Poor's, analyzing property prices in a dozen European countries, found that while in 2014 they will record a drop of 1% in Italy, 2% in Spain and 3% in France, they will instead grow in Germany (+ 4%) and in the United Kingdom (+5%).

S&P's: real estate market, in Europe there is not only contraction

Real estate market in crisis? Not everywhere. These are the words of Standard & Poor's, which, analyzing property prices in a dozen European countries, found that while in 2014 they will record a 1% drop in Italy, 2% in Spain and 3% in France, they will grow in Germany (+4%) and in the United Kingdom (+5%), "thanks to their better economic performance".

Spain, on the other hand, remains in negative territory but – again thanks to the improvement in its economic indicators – rises sharply compared to -5% in 2013. Italy and the Netherlands continue to suffer the effects of the recession, and the real estate market in these cases is the 'exact mirror of the country's situation: "Italy is still weak - explains the S&P report - and is feeling the effects of the tensions on the public debt".

Only Belgium goes against the trend: Brussels in fact decreased by 0,1% in 2013, but this has not prevented the real estate market from rising again, so much so that it should rise by 1,5% in 2014.

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