Investment Analysis
To understand what the latest US house prices mean, it helps to know something about the data.
Housing markets in the world’s leading economies continue to recover, says the Global Property Guide's summary of housing statistics for the year to end-Q3, 2009.
The world’s housing markets are showing signs of recovery, according to the latest survey of world-wide house price indices prepared by the Global Property Guide.
Seven countries have emerged from the house price slump (see below). However, most countries suffered sharp house price falls during the year to end-Q2 2009, so that the general situation remains negative.
House prices dropped further around the world during the year to end-Q1 2009, as personal consumption expenditure decreased, consumer confidence remained low, credit remained tight and the unemployment rate worsened.
- Measuring US house price changes
- World's housing markets recovering unevenly: Q3, 2009
- Recovery on track for the world's housing markets
- House price falls during year to end Q1 2009, the worst ever
- Most expensive real estate markets in 2009
- The world's 2008 housing markets in review and some forecasts for 2009
- World property market slide worsens
- Commentary: No 'too big to fail' please
- The end of the global house price boom
- Gloomy days ahead for Asia's housing markets
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