Kiev ranked among the best cities in Europe for shopping tourism by version of Economist Intelligence Unit (EIU).
Although he took only 27th place out of 33, but was able to get around such cities as Warsaw and St. Petersburg. London took the first place in the ranking, the second - Madrid, on the third - Barcelona.
According to the EIU, Kiev shops are open longer and more often than in other cities, they offer a discounts. But even with their view, the prices in the capital's shops is higher than in many European, say retailers.

Kiev Apartments Became Not Needed, But The Ground Is Well Bought Up
With the coming of autumn, the demand for housing increased by only 4% and on land - by 23-25%. The beginning of September for the real estate market, though marked by a slight increase in activity, but projected a significant jump earlier has not happened yet. Thus, the number of proposals for the sale of housing in the most popular economy segment, compared to August, increased only by 18-20%. Demand for it has grown even smaller - by 3-4%.

In Q1 2011 number of property deals has significantly increased on this resort. Realtors report that demand was shaped Russian buyers, who oust such active buyers as British.

According to Erawana Company, in the first six months sales’ number in Phuket went up by 25% year-on-year. Specialists believe that the total deals’ volume reached 5,4 billion baht (€125 mln) for the year, while this indicator of 2010 worked out 4 billion baht (€93 mln), Bangkok Post reports.

During the Q1 2011 Russians were involved almost every property deal. Brokers believe that Russians are interested in Bulgarian properties because of low prices and weak Euro.

According to specialists of Bulgarian Properties Company, in the first six months of 2011 property prices of Black Sea Coast have decreased by 5%, while slump of 10% was recorded in 2010. Residential properties fell in price more than by 50% since boom times, SETimes reports.

Credits to private clients in Ukraine for the sum more than 30000 hrivnas almost disappear. According to the forecasts of experts, this situation will continue minimum to the middle of 2009.

Construction market in case of its failure could slow down the development of Asian countries and has negative influence in general for world economic.

Prices for property in three centers of China – Shanghai, Shengene and Guangou – are falling. In the third quarter of the current year the decreasing of prices in Shanghai was 19,5%. Such tendencies are on the city Shengene and Guangou.

In general in the country the bulks of construction of residential and commercial property decreased on October on 16,5%. For the same period 2007 was the growth on 32,5%.

On November of current year the cost of typical apartments in Riga decreased on 6,5% in comparison with October - 1160 euro per 10 sq. ft. to 1085 euro.

In average the cost of one bedroom apartment fell on November on 3,8% in comparison with October , to 1120 euro per 10 sq. ft. Two bedrooms apartments became cheaper to 1080 euro per 10 sq. ft., three bedrooms to 1065 euro per 10 sq. ft. Apartments with big square are not popular – four bedrooms apartment cheaper to 1000 euro per 10 sq. ft.

In comparison with summer 2008 the bulk of realized property in Moscow decreased in 10 times.

According to the research of analytic center “Income-Property”, during the November big construction companies could sell by 5 apartments in Moscow region. In the summer of the current year, the average level of sales was 50 apartments per month. On September sales decreased approximately in two times. Analytics were based upon the data of transactions of biggest parts of market where was 70% of property in the region.

23-24 December 2008 will be a forum of professionals “Property market of Ukraine, version 2008-2009: time of active actions and talented decisions”.

The purpose of the forum is put the foundations for new stage of property market development, find optimal ways of problem’s decision, which occurred during 2008, and also change of professional experience and receiving the answers for some questions which worry you.

In Montenegro the bulks of property sales decreased in two times in comparison with 2007.

This situation is visible in Budve where for the first ten months of the current year were made 1700 transactions what on 42,7% less than last year. Except this, according to the data of the local real estate agencies, quest for residential property in regions which are to the south from Budva and Boka Kotorska also decreasing.

The cost of apartments on the cost is decreased and now is 1200-1500 euro per 10 sq. ft.