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Sep 3, 2013

Global Housing Market Update

This table from The Economist shows average house prices in Developed and Bric countries compared to their respective income and rent levels. House prices in Hong Kong, Canada and New Zealand are most overvalued. While house prices in Japan are highly undervalued. Also, the graph shows that Hong Kong saw the highest average price increase over the last year. The Netherlands had the biggest decline.

Due to a request by the Economist this graph has been removed. 

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