May brought the economic cool down on the real property market. The overall activity index dropped from 1 to minus 3.4 percentage points. The private sector was still in much better shape than the state one – informs “Home Broker Daily”. In case of the first one, there was economic revival, in the case of the latter – a clear regress.
Since May 2010, the real property industry maintained the most optimistic attitude towards the future. The forecasts for the next 3 months were clearly positive and have improved since April (from 1.3 to 7.7 percentage points).