The recovery seen in the global housing market in the latter part of 2009 and into 2010, has stalled badly in the latter part of 2010, according to the latest figures from the Global Property Guide. This is a blow for the industry and everyone involved in it, though it is truer to what economies are currently capable of supporting, and from here should allow us to find a steadier path back to a true recovery.
Archive for the ‘Stats’ Category
Global Housing Recovery Stalled in 2010
by Overseas Property Mall on Wednesday, March 16th, 2011 in International Real Estate Trends, Research, Stats
5 Reasons to Think Twice about Economic ‘Recovery’
by Overseas Property Mall on Monday, November 23rd, 2009 in International Real Estate Trends, Predictions, Stats, Trends
Around the world the recession is easing, or, at least according to economic indicators that is what is happening.
Much of Europe emerged from recession in the second quarter, including the big duo of France and Germany. Most of the rest followed in Q3 including Italy. US GDP grew 0.9% in the third quarter, and Italy’s an impressive 1%. Slovakia has also performed impressively; with growth of 1.6% in Q2 and 1.1% in Q3.
City Ranking Of Worldwide Living Costs 2009
by OP-Mall on Tuesday, September 1st, 2009 in Stats, Surveys, Trends
Mercer’s latest Cost of Living Survey for Worldwide Cities has seen some changes from last year. In a flash overview, Tokyo is now officially the world’s most expensive city to live in for expats. Johannesburg is the cheapest. The top ten are dominated by European and Asian cities, while a major reshuffle took place thanks to currency fluctuations.
UK’s London dropped a massive 13 ranks to position 16 and New York has now joined the top ten. Here are the top ten at a glance:
| Rank 2009 | Rank 2008 | City | Country | Index 2009 | Index 2008 |
|
1 |
2 |
TOKYO |
JAPAN |
143.7 |
127 |
|
2 |
11 |
OSAKA |
JAPAN |
119.2 |
110 |
|
3 |
1 |
MOSCOW |
RUSSIA |
115.4 |
142.4 |
|
4 |
8 |
GENEVA |
SWITZERLAND |
109.2 |
115.8 |
|
5 |
6 |
HONG KONG |
HONG KONG |
108.7 |
117.6 |
|
6 |
9 |
ZURICH |
SWITZERLAND |
105.2 |
112.7 |
|
7 |
7 |
COPENHAGEN |
DENMARK |
105.0 |
117.2 |
|
8 |
22 |
NEW YORK CITY |
US |
100.0 |
100.0 |
|
9 |
20 |
BEIJING |
CHINA |
99.6 |
101.9 |
|
10 |
13 |
SINGAPORE |
SINGAPORE |
98.0 |
109.1 |
Q1 Knight Frank Global House Price Index 2009
by OP-Mall on Monday, June 1st, 2009 in International Real Estate Trends, Research, Stats
The Q1 Knight Frank Global House Price Index 2009 hasn’t shown surprising results in the scheme of the global financial crisis. Some of the key highlights has seen Israel as the top performer with a 10.9% growth rate, followed by the Czech Republic with 9.9%.
On the contrary, the worst activities were seen in Dubai, Latvia and Singapore. Dubai recorded average price falls of 32%, Singapore 23% and Latvia 36% loss. On a quarterly basis, Dubai was the biggest loser with -40%.
In terms of best performing markets, Thailand with a 2.7% lift in values, Israel with +2.6% and Switzerland with +2.1% were showing promising results.
Top World Cities For Billionaires
by OP-Mall on Wednesday, April 22nd, 2009 in Billionaire Homes, Stats, Surveys, Trends

The billionaire capital of the world is New York City according to Forbes latest posting of the top cities for billionaires. With 55 billionaires, New York reigns number one even after losing 16 billionaires since last years rating.
Don’t hope for a Mortgage Any Time Soon, say lenders
by Overseas Property Mall on Tuesday, March 10th, 2009 in Mortgages, Property Exhibitions & Events, Property News Summaries, Stats, UK Property

Developers spreading rumours that the housing market is showing signs of recovery is more a sign of wishful thinking than the truth, according to the Council of Mortgage Lenders (CML).
Any ‘meaningful revival’ in mortgage lending is unrealistic in the foreseeable future, says the CML – the organisation that represents most of the UK’s major mortgage lenders.
Latest Global Office Space Rental Report by Cushman & Wakefield
by OP-Mall on Tuesday, March 3rd, 2009 in Research, Stats, Surveys
The latest annual Cushman & Wakefield Office Space Report takes a look at the world’s commercial markets and gives us a comprehensive overview on office costs all around the globe enabling companies to determine lucrative markets.
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Don’t be Fooled by Bulgaria Property Promises
by Overseas Property Mall on Friday, February 6th, 2009 in Bulgarian Property, Buyers Beware, Eastern European Property, Overseas Property Trends, Property Investment Strategies, Stats, Trends

Investors should look carefully before putting money into Bulgarian property as prices in most areas have fallen for the first time – by more than 12% in some places, according to the latest Government statistics.
The biggest price rise for the last quarter of 2008 was just 3.7% recorded in the Montana, the provincial capital in north western Bulgaria.
The biggest losers in the same period were Veliko Tarnovo, Pleven and Targovishte, all recording losses of more than 12%.




