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Feb 18, 2013

Global House Price Indicators (January 2013)

The Economist posted this overview of global house price indicators in January 2013. Some points of interest:

  • Hong Kong saw the biggest rise in housing prices: 22 percent compared to year ago, while Spain saw its house prices contract the most.
  • Hong Kong was also the country that saw its house prices increase the most after the start of the global financial crisis in 2007, while Ireland saw the biggest correction; house prices were slashed in halve. 
  • Housing markets in Canada and France are most overvalued according to rent and income measures, while those in Japan and China are quite undervalued compared to their long term average values.


The Economist

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