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Hurry up! : IMF¢s Global House Price Index Rises to Highest Level Since 2008 Except for Greece
HURRY UP ! The price rises everywhere ... except Greece, Hungary, Holland ... where you can still achieve best deals with lowest price !
 
''Major differences in relation to the global real estate market appears to have Greece according to the IMF , which notes that at the same time around the world there is a rise in real estate prices whereas in Greece it is completely  the opposite.

According to the IMF report as presented by Bloomberg, the global housing price index rose to 127.4 points in the second quarter that ended in June 30, showing an increase for the fifth consecutive quarter and reaching at its highest level since the last quarter of 2008.

The evidence seems to show that the greatest increase applies in housing prices in Hong Kong with 14.6 % in the second quarter, in Ukraine with 11.7 % in the Philippines with 10% in New Zealand and Colombia 8,8% , while exactly the largest drop of about 11% applies for Greece along with Hungary and the Netherlands.''


 

Source: Bloomberg, 26 November, 2013


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