To this end, Canadian bank examined the 12 most developed real estate markets. The study leader was recognized by Australia, the portal transmits Property Wire. The market could be produced "bubble", but his appearance was overcome by increasing interest rates, experts state. All this did not happen without the help of the Reserve Bank of Australia. So, for the year the cost of housing has risen by 12%. Experts explain this fact a high level of demand arising due to low unemployment and a shortage of supply. Also prevent the "crisis" in the local market helped the expiration of the government measures to cover grant first home buyers. Second place in the ranking of the most favorable real estate market has got to Canada. Followed by France, Sweden, Switzerland and the UK, where in the past year has been fixed prices. And here in Germany and the United States, by contrast, the cost of housing in 2010 has not changed. In addition, Ireland, Italy, Japan, Spain and at all there was a reduction in housing prices. Scotiabank is one of Canada's largest banks, staff of approximately 60 thousand people, and its services are provided in 50 countries. In May 2008 the bank opened its representative office in Moscow, becoming the first Canadian bank, present in Russia.
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