Cayman Islands Market Reports - 2011
2011 - New Year
MARKET REPORT
NEW YEAR 2011 MARKET REPORT AND PROPERTY LISTINGS
AN HONEST APPRAISAL OF THE CAYMAN MARKETPLACE
ReviewIn the last issue we said that predictions were difficult because our prosperity was tied to events like the US November elections and the generation of spin-off income from our own Capital Projects. We said we expected continued cloudy skies with a clearing trend towards years end. The US elections have come and gone with large gains for the Conservatives. This bodes well for t...
Read More2011 - Mid Year
MARKET REPORT
MID YEAR 2011 AND PROPERTY LISTINGS
AN HONEST APPRAISAL OF THE CAYMAN MARKETPLACE
ReviewOur last report called for 'possible sporadic clearing skies if our Sellers continued to drop their prices and if our phantom projects get started'. Well, all things considered, I guess one out of two ain't bad. Our Sellers have been listening and lowering prices, and this has been reflected in some improvement in sales activity. But no Capital Projects have commenced.General OutlookAverage m...
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