08.12.2010 - Global house prices lose steam
From Arabnews.com: Global house price recovery loses steam as over half of all countries see negative growth in Q3, 2010, according to findings of the Knight Frank Global House Price Index results. According to the key findings average annual global house price growth in Q3, 2010 stood at 3.1 percent. "The strongest world region was Asia-Pacific with average growth of 9.9 percent, and the weakest was Europe at 0.8 percent. The Q3 growth rate this year is up substantially on the Q3, 2009 figure of -6.2 percent when European markets were delivering very negative results. However the rate is down on the 4.3 percent hit in Q2 this year," it added..............................................Full Article: Source
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