Ireland tops list for distressed sales
Ireland and the US are set to see the biggest rise in distressed sales, says RICS research.
Real estate professionals expect the number of distressed properties coming on to the market in the second quarter of 2010 to increase across 19 of the 25 countries surveyed.
Surveyors in Ireland and the US expect to see the fastest growth in activity followed by Scandinavia, New Zealand and Hungary.
There is positive news from Hong Kong, Australia, China and India where agents expect distressed sales to decline.