Austria: housing Prices increased by 15%

Real estate prices in some parts of Barbados continues to grow to 15% per year thanks to a strong economy, as stated in the last report of Cluttons Barbados. Barbados has long remained a British colony, but since 1966 an independent state. Because of this the past is one of the most popular destinations among foreign property buyers from the United Kingdom. Tim Morgan, managing director of Cluttons Barbados, said: "Experience shows that when the world economy is going through hard times, the effect on Barbados is very short: the situation is getting better as soon as customers are experiencing the first shock. Then, when people begin to make sense of the situation, they prefer not to put off buying a home in Barbados. "