26 Mar '15, 11am

House price rises slow in Asia

House price rises slow in Asia

Comment E-mail to friend Bookmark & Share Global property markets may be experiencing a slowdown in some parts of Asia, but the boom is accelerating in Europe. Data from The Global Property Guide showed house prices in 31 of the 41 world’s housing markets that have published housing statistics so far, show prices rose during 2014 using inflation-adjusted figures. The more upbeat nominal figures, more familiar to the public, showed house price rises in 32 countries, and declines in only nine. Ireland is now the world’s top performer where housing prices surged by 16.62 percent during 2014, a remarkable acceleration from the increase of 6.18 percent during 2013. In all, 17 European markets saw house prices increase more during 2014 than the previous year, and only 5 showed weaker performances. However, the world is now two-speed. While house prices have continued to rise in ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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