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by Overseas Property Mall on Wednesday, March 3rd, 2010 in Overseas Property Trends, Research, Stats
According to new data from international estate agency Knight Frank, the number of Brits buying second homes rose by 2.6% last year, which not only reversed 2008’s fall, but also took the number of British second homeowners to the new high of 245,384.
by OP-Mall on Monday, October 26th, 2009 in Research, Surveys
A summary of the findings of this index are as follows:
Liam Bailey, head of residential research for Knight Frank has assessed the data and takes the following from it:
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.
by OP-Mall on Saturday, November 29th, 2008 in Research, Surveys
The Knight Frank Global House Price Index Q3 results have confirmed that the annual house price growth, except in Dubai has slowed from the June Q2 report of 4.8% to 3.8% in the third quarter.
With the US and Latvian market remaining at the bottom of the index, the UK is also spiraling towards the bottom. Average prices fell by 0.3% on a quarterly basis and more than half of all countries showed quarterly price falls, with one third now also showing annual price drops.
It is clear that every country in the world is more or less affected by the global credit crunch. An alarming concern is also the fact that prices fell in half of the lists countries during the third quarter of this year.
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