27.02.2012 - Global housing market downturn gathering pace
The world's housing downturn is gathering momentum, according to the latest world-wide survey of house price indices prepared by the Global Property Guide. During 2011, house prices fell in 22 countries, of the 35 countries for which Q4 house price statistics are available, and rose in only 13 countries. Similarly, 21 housing markets performed worse during 2011 than last year, while only 14 countries performed better...............................................Full Article: Source
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