The share of visitors from abroad was about 70%. A clear rise in visitors from Asia, North America and Eastern Europe in particular was seen at interzum.
"With the current growth in exhibitors and especially in international visitors, interzum again proved that it is the location worldwide that gives the market and thus the sector's business its impetus," was the summary from Katharina C Hamma, MD of organiser Koelnmesse.
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The 1512 companies from 62 countries ensured a strong appeal this year. 391 of them came from Germany, while 1121 arrived from abroad. At 266 companies, Italy was mostly strongly represented, followed by Turkey with 101 companies. In total this results in an increase of 7% compared to the previous event (2011 – 1412).
Last month, new buyer enquiries rose to their highest level in over three years, with 25% more chartered surveyors reporting demand for property rose rather than fell. The latest jump in enquiries (from 13% more in March) strongly suggests that along with the existing Funding for Lending scheme, Help to Buy, is attracting interest even if the mortgage guarantee element of the product is not due to come into effect until next year.
As demand increased so did supply, with new instructions to sell rising in April, albeit more modestly (to a net balance of 8%). With not enough housing to meet increased demand, prices are finally beginning to improve, and the survey recorded its first positive reading for house prices since June 2010.
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