If you are interested, check The Economist online just now. In 10 out of 20 countries monitored for residential property prices, the downtrend has halted and prices are rising somewhat again. In the majority of the others, the rate of decline has slowed sharply. This is not commercial property, but the sentiment is moving into change mode just now. Will it hold? Spain is a holdout as its price rise was so insane. Even the US is starting to turn around. Is it time to move? AEZ has been playing with the moving averages,down in the gutter, actually punching through lightly before falling again. Fair to say that too much of AEZ is in the ones who arent turning around, yet. Is the AEZ drunk going to climb out of the gutter, or has he got pneumonia? Check the charts in the article. Very good and interactive.
AEZ Price at posting:
4.6¢ Sentiment: None Disclosure: Held