| From Kyero.com: House prices are falling globally and there are signs that the situation is getting worse, recent research showed. During the year to the end of June the cost of property fell in 21 of the 33 countries across the world for which there is reliable data, according to property research group The Global Property Guide.
The group said the Baltic states, the United States, the UK and Ireland were leading the decline. House prices have dived by 33% in real terms in Latvia's capital Riga, during the year to the end of June, while in Estonia's Tallinn they have fallen by 14%..... Full Article: Source
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