Condo Sales Are Going Up in a Far Away Land

Tokyo, Dubai and Newfoundland are all forecasting a rise in condo sales for 2009.

From JapanEconomyNews.com -   Japan should see an increase in condo sales of nearly 12%– mostly because the market dipped so tremendously in 2008.

“The Real Estate Economic Institute must be looking at a combination of oversupply, heavily discounted prices and the chance that the economy will begin to turn around from the third quarter of next year — or at least that consumer sentiment, wages and propensity to spend will be better.”