Property News · November 13, 2017

Iceland house prices set to continue sharp rise as supply lags demand and rates remain low


Iceland’s housing market has soared 56 per cent since its 2009 crash, and one of the island’s biggest property investors said there was more to come and it was adding to its exposure.
“There is a growing demand, and the market is going to be supported by a lack of supply for the next few years,” said Gisli Haukksson, co-founder and chief executive officer of GAMMA Capital Management Limited, an investment fund which manages more than US$1 billion in assets. He…

Source : South China Morning Post
Read more…Iceland house prices set to continue sharp rise as supply lags demand and rates remain low

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