After the crash
By admin | January 6th, 2010 | Category: The Economist | No Comments »House prices are rising again in many countries
WHEN The Economist last took stock of house prices across the sphere, prices were falling in all but two countries. Three months later, prices are currently rising in a total of six countries plus Hong Kong, which is experiencing double-digit growth. A recovery may not be inevitable for all countries but. The S&P/Case-Shiller index of house prices in America’s ten leading cities was unchanged in October, after five monthly increases. Including the intention of left prices 6.9% lower than they were a year ago. Our interactive house-fee tool allows you to chart the ups and downs of house prices for 20 of the most vital economies over several years (approximately of the indices go back to 1975). In addition, the chart lets you compare house prices in real terms and against average incomes, providing ample fodder for including the intention of next dinner-table debate.
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