According to experts, the demand for elite real estate in the world will weaken this year. A similar trend is caused by the crisis situation in the eurozone. The pricing policy of Asia also had its influence. All this led to the fact that after a two -year stable demand for real estate of the luxury, interest in it in the world market begins to subside. Knight Frank studies have shown that the average cost of elite houses in 23 leading cities in the world fell by 0.4%. Such a decrease was recorded for the first time since 2009. In general, in the first quarter of 2012, a steady fall in the price of a luxury class around the world is expected to fall. And last year, for a similar reporting period, experts recorded an increase in prices for elite houses by 6.6%. Today, investors cannot determine with great clarity where the world economy is moving. This leads to the fact that a certain confusion begins in their ranks. Over the past two years, a big step has been taken back. Therefore, prices for expensive real estate are reduced steadily, which is caused by the crisis of the eurozone. The world economy is in no hurry to recover, and experts are in no hurry to give encouraging forecasts. Elite Real Estate Market froze in anticipation of a turn of further events in the world market. In the light of the development of events in Greece, where the population again rejected the program of the debt crisis, prices continue to slowly and steadily fall. And this is in the light of the recent prediction of the slow growth of the American economy. Despite the fact that the governments of China and Singapore are taking all measures leading to the cooling of the hot real estate markets, stable growth in the global real estate market is not expected, at least in the near future. In the future, the Chinese authorities promise to continue to regulate and control real estate prices of the luxury and housekeeper housing. However, such measures cannot fully compensate for the influence of the European crisis on elite housing and other real estate. The debt problems of Europe continue to remain a decisive factor in the formation of the price of world real estate today. Over the past five years, a significant cost of housing in Spain has been noted, a drop in prices has been recorded at 30%. Even despite such a sharp drop in prices, sales are restored very slowly. An excess of real estate offers is fixed on the market, while banks are in no hurry to launch large -scale lending mechanisms. In general, we can conclude that the value of residential real estate in European countries will continue to decline. Today in the European real estate market there is a large number of unclaimed cheap housing.