| The Global House Price Index recorded its weakest annual performance since the depths of the recession in 2009, recording only 0.9% growth in the year to March 2012. Doubts over the Eurozone’s future, coupled with the Asian governments’ staunch efforts to cool their markets and deter speculative investment, have taken their toll.
Global house prices were static in the first three months of 2012 but it is the first time since Q4 2009 that annual price growth has slipped below 1%...............................................Full Article: Source |