Overseas Property February 09 Market Update

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Commentary
We've taken this month's commentary straight from the Global Property Market experts: Global Property Guide!  

The 4th quarter of last year saw the single biggest lurch downwards in house prices globally that we’ve ever seen. There’s really never been anything like it. Nine countries saw house price falls of 5% or more during just that quarter. Price drops of more than 10% (inflation-adjusted) during this single quarter occurred in three countries - in Latvia (Riga), which saw price falls of 15%, in Hong Kong (15%), and in Ukraine (Kiev) (13%).

The previous quarter, Q3, was really bad. But only two countries experienced house-price falls of 5% or more, and no countries experienced house-price falls of more than 10%.

What puzzles us, is we put this out as a press release, but no one picked it up. WE DID!

Not worth reporting. YES IT IS!

The single ever biggest downwards lurch in global house prices, ever - and no one notices. READ MORE

Headline Statistics
There are far too many stats to list here about what's happening in every country around the world! However there are four good statistics resources that are worth studying:-

GLOBAL PROPERTY GUIDE  ASSETZ   PROPERTY FRONTIERS 

SAVILLS   KNIGHT FRANK

Other Resources
REAL ESTATE TV    HOMES OVERSEAS

For more market commentary on homes and investments overseas:-
Contact Kate Faulkner on 07974 750562 or 0845 838 1763. To read more about Kate, please visit ABOUT US, see Kate on video and for media appearances, contact:

Sylvia Tidy-Harris
STH Management                    
Tel  +44 (0) 1530 263221
Mob  +44 (0) 7970 646872
Fax: +44 (0) 1530 264018

NALS Conference Chair 2016

Kate's Consumer Portal

Propertychecklists.co.uk

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