House prices around the world

January 16, 2015
George Cremona

Looking at the house prices around the world, in general, housing prices are increasing.  The attached IMF chart provides a good wrap up of pricing and shows that more countries around the world are growing in price than falling.  I guess the value of money change (read inflation) has a lot to do with price changes and then any underlying issues within the economies.  For those economies which are suffering losses - there may be real issues within the economy that is driving prices down.  The Southern European countries figure strongly in those economies with declining housing prices and so does the Russian Federation - and we all know there are other issues underlying those losses there. Click on the URL to see the IMF exhibit

Posted in: Property market

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