Summertime; And the livin’ is easy
Fish are jumpin’; And the cotton is high
Your daddy’s rich; And your mamma’s good lookin’
So hush little baby; Don’t you cry
Allthough GPR (Global Property Research) attributes quite a positive influence to Summertime, as far as performance of propertystocks is concerned, I doubt whether the summer period has anything to do with it.
Fact is, that the GPR 250 index gained 7.6% over the month of July, 2009, so markets were indeed ‘walking on sunshine’. Europe gained the most, topping other continents with 11.2%. Poland outperformed other European countries, with a 17.9% gain for the month.