30.03.2011 - Global real estate prices slow
House price growth across the globe slowed in the last quarter of 2010, according to new figures from Knight Frank. 20 of the 49 countries analysed by the company showed quarterly declines with Dubai (6.1%), Ireland (-3.5%), Cyprus (-2.1%) and the US (-2.1%) recording some of the biggest falls. Prices are now falling in 41% of countries compared with 31% in Q2 2010. The fastest risers were Hong Kong (Up 20.1% annually) and Latvia (Up 16.9%) with the latter bouncing back from a 70% fall in prices during the credit crunch............................................Full Article: Source
Print