In the fourth quarter of 2008 property prices in Russia fell by 1.1% to 56,500 roubles.

Average property prices in the regions of Russia (4 quarter, roubles / square meter):
Moscow - 155 271
St. Petersburg - 79 186
Moscow region - 72 826
Sakhalin region - 64 376
Kaluga region - 61 191
Krasnodar region - 60 141
Russia (average) - 56 495
Novosibirsk region - 53 697
Volgograd region - 52 100
Primorsky Krai - 51 934
Samara region - 51 388

1 $ = 36 roubles
1 euro = 46.5 roubles

According to Rosstat, real estate prices in Russia continue to grow. During the third quarter square meter in Russia die at 4.2%. Apartments in Moscow went up by 7.8%. Apartments in St Petersburg went up by 3.8%.

But the financial crisis momentum and Russia. As Russia has become more difficult to obtain mortgages. Most likely, in the next 6-12 months, real estate prices in Russia will decline by 10-15%. Already, some developers discounts built housing. For example, the St. Petersburg company LEK reduced the price of 15% on their apartments. True, a built flats have only two-, three-, four-room.

Average real estate prices in the regions of Russia (3 quarter, $ / square meter):
1. Moscow - 6 222
2. St. Petersburg - 3 077
3. Moscow region - 2 798
4. Sakhalin - 2 672
5. Kaluga region - 2 482
Russia (average) - 2 262

Ecuador remains for the Americans exotic. At the same time, Ecuador has a few advantages. First, the coastal zone. In the west, Ecuador borders the Pacific Ocean. Secondly, the value of real estate. The third is the official currency in Ecuador - american dollar.

We decided to consider two types of real estate:
- On the shores of the ocean;
- The capital city of Cuenca province of Azuay.

Let’s start with a magnificent houses and apartments in Cuenca.

House in Cuenca №1
The city of Cuenca (Ecuador)
2 floors with a total space - 300 square meters, cost - $ 178,000 (ie $ 593 per square meter - in the U.S. such prices are simply not found).

So, see the price of new homes in London. It is known that Real estate prices in UK are falling for eight consecutive months.

So, new homes for sale in Central London.

5-bedroom home at Culross Street.

What else is in this house? For example, 5 bathrooms, 6 reception rooms, Roof Terrace, Lift, Garage. What is the cost of such beauty home? £ 20 million, which equals $ 40 million. This house can not afford many.

We go to the patient number two.

2 bedroom house in Pavilion Court (£1.400.000=$2.800.000)