Global property boom 'is not over'
Industry analysts have refuted the suggestion that the global house price boom has come to an end.
The BuyAssociation website stated that property markets are cyclical, which means that while one is declining, another is experiencing growth.
Therefore, some countries in the world will always offer potential opportunities for investors, despite ongoing global economic problems.
Paul Collins, property editor at BuyAssociation, highlighted the United Arab Emirates (UAE) as one destination which is seeing growth in its housing market.
He commented: "I wouldn't necessarily agree that the boom is over, it's just that people need to do more research to find the right markets."
Mr Collins added that during the year to date, house prices in the UAE have gone up "quite steeply".
This comes after the country was rated eighth in Jet-to-Let magazine's list of this year's top 10 property investment markets.
< Back to latest news