| Global house prices increased by only 1.8% in the year to March, the lowest annual rate of growth recorded since Q4 2009. The latest Knight Frank Global House Price Index shows that house prices in 25 of the 50 countries included in the index remained flat or saw negative growth in the first three months of 2011, compared to only 18 countries a year earlier.
In regional terms, Asia remains the top-performing continent, recording 8.4% growth over the last 12 months. However, this is down from 17.8% a year earlier..............................................Full Article: Source |