Global house prices – booming in Asia, a mixed bag in Europe and the US |
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| News - Latest | |||
| Friday, 03 September 2010 10:27 | |||
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The Global Property Guide’s latest survey of house prices shows an uneven recovery in global housing markets during the year to the end of the 1st half of 2010. According to the Guide, house prices are booming in Asia but there is a mixed picture in Europe and the US. Over the year to end-Q2 2010, 18 countries saw house price increases, while 18 countries saw price declines. Only six countries saw bigger price decreases, or smaller increases, during the year from Q2 2009 to Q2 2010, than during the same period the previous year. However, 30 countries saw larger price increases, or less severe declines, than last year. The Global Property Guide's statistical presentation uses price changes after inflation, giving a more realistic picture than the more nominal figures usually preferred by real estate agents. To find out how your country is doing, and for more detailed analysis and comparisons, just click here to receive the PropertyWire report.
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