Considering all factors,we feel that 2011 will end in beauty

[johnnyone234]

That beauty of a Quote is thanks to Alexander Kraft, head of Sotherby’s International Realty France, Monaco.

guardian.co.uk/business/2011 … -uk-france

The economic woes have done nothing to dent prime London real estate either. Knight Frank says prices for city centre properties were up 9%, with rents up 17% and the volume of transactions returning to “pre-crash levels”.

The residential and commercial estate agents, which is owned by its management and operates across Europe, Africa, the US and Asia, yesterday reported group turnover are up 7% to £308m in the year to end March 201, while pre-tax profits have also risen, by 10% to £102m. The business has increased its cash reserves to £91m from £74m last year.

"In fact, it seems that the eurozone crisis and the slowdown in the global economy has not had much of an effect of the luxury housing market in France.

“Of course some buyers have hesitated, but the large majority have followed through to a sale. Generally speaking we can say that buyers have become less worried compared with previous years.”

Does this count as euphoria