Global property prices – a two-tiered picture

By Prieur du Plessis, on August 10th, 2010 posted in: Investment, Real Estate Leave your comment

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The interesting chart below on the movement in global residential property prices comes courtesy of the Global Property Guide, a site comprising probably the most extensive global data base in this space. The table shows house-price changes for the year ending with the latest quarter for which data are available, compared with price changes for the equivalent previous year-long period.

As indicated, some countries’ real estate markets are moving down (most notably Latvia, Lithuania, Ukraine, Ireland, Bulgaria, Thailand, Slovakia, Iceland, Spain, Croatia, the Netherlands, Denmark and Greece), whereas others are rising (Hong Kong, Singapore, Taiwan, Australia, Israel, Finland, Norway, China and the U.K.).

Where to buy? The table below shows the recommendations of the Global Property Guide and serves as a starting point. In order to obtain their detailed motivation, click here for a comprehensive report.

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