23.06.2011 - Global housing market weakens further in half of all countries, says Knight Frank report
According to a new report by London-based Knight Frank, the global housing market is still in a quagmire in the first quarter of 2011. Liam Bailey, Head of Residential Research at Knight Frank said, "Price growth, while not stalling, has faltered in Q1 2011, pointing to ongoing problems underlying the world's housing markets. In Q4 2010 overall annual price growth stood at 3.3%. Three months later this shrank to 1.8%..............................................Full Article: Source
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