europe real estate directory

international consultancy publishes results of traditional research Global House Price Index, where experts control the price behavior in the field of real estate in 32 countries around the world. The data are depending on the situation in a year - since the beginning of the fourth quarter 2005 to third quarter of 2006.

Although the authors call their product "the only true Global Research," we can still claim them on the restriction of the countries in their research. In some countries, even through the main cities, while in most cases throughout the whole country appreciated. There are also serious doubts as to some countries (eg China and the Republic of South Africa).

What the leaders of the market, there are countries and cities where real estate has especially during a year, and we can see, only one non-European names in the Top Ten - Republic of South Africa.

Baltics won best success in the price ahead of where the growth of industrial construction, and soon observed the transition to euro. Riga (Latvia) is in the first place, as property prices rose 39.2% in one year here. A year ago, the growth rates were even higher - 65.9%. Vilnius is the fourth digit, Estonia closes ten. Bulgaria is in second place (with 19% price advance). In this country property appreciation rates slowed, a year ago it was 32.1%. This country's success is explained by many Europeans want a house near the sea in connection with its early entry into the EU.

Price before the prices in Denmark, although slight, amounting to 17.8% last year. Besides the United States, Ireland, Norway, Austria, Belgium and Greece are also in the Top Ten. Secondly, contains ten Canada, Spain, Sweden, France, New Zealand, United Kingdom, Australia, Singapore, Indonesia and Finland with positive indices of the price in advance about 6-10% interval.

During the time of the report, property prices reduced in five countries, the final rating. It is Hungary (-1.0%), Portugal (-1.2%), Japan (-2.2%), Hong Kong (-2.6%) and Germany (-3%). On average, property prices in advance in 32 countries, including the assessment, is 8.4% in one year. It is 2.3% less than last year indices during the same period.

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