| According to London-based Knight Frank real estate firm, the latest Knight Frank Global House Price Index (GHPI), which tracks the performance of mainstream house prices worldwide, rose by just 0.5% in 2011 and recorded a 0.3% fall in the final quarter of the year.
The Q4 results represent the index's weakest quarterly performance since Q2, 2009. This suggests that a return to significant house price growth around the world is some way off yet...............................................Full Article: Source |