| There are ten world cities in a class of their own when it comes to residential real estate says Savills. The new ‘World Class Index’ of premier global residential property locations was published today by the international real estate adviser. Average values across the index have risen by 77% since December 2005, despite the intervening financial crisis.
Growth of 6% was seen in the first six months of 2011 but, says Savills Research, the index average hides a big difference between emerging ’new world’ economies and the indebted ‘old world’..............................................Full Article: Source
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