Thursday October 29, 2020

Ireland tops global house price drops

Global house price inflation marginally avoided falling into negative territory, with prices rising on average by 0.1 per cent in the three months to the end of June, and by 1.7 per cent over a 12-month period, according to the last survey of global

3rd September, 2011

Global house price inflation marginally avoided falling into negative territory, with prices rising on average by 0.1 per cent in the three months to the end of June, and by 1.7 per cent over a 12-month period, according to the last survey of global house prices by property consultants Knight Frank.

This weak performance shows the extent to which many of the world’s economies are struggling in the wake of the 2008-09 global crisis.

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