International Property

Liam Bailey, head of residential research at estate agency Knight Frank, believes the international property boom is drawing to a close.

http://www.timesonline.co.uk/article/0,,2098-2164101.html

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Rise in house prices from 1997 to 2004:

http://www.investorsoffshore.com/html/specials/january05_housing.html

United Kingdom 116%

Ireland 174%

Spain 121%

Australia 113%

Netherlands 75% in the Netherlands

United States 53%

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Global house price growth has slowed sharply since 2004, according to the newly launched Knight Frank Global House Price Index.

The average global house price is 6.1% higher than a year ago. This is a fall from 9.3% in the previous time period.

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Price growth was highest in:

Estonia 17%

Denmark 16.1%

New Zealand 13.5%

Bulgaria 12.5%

South Africa 12.1%

Spain 11.6%

Ireland 10.7%

USA 10.7%

France 9.3%

Sweden 8.5%

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The slowest growth was in Serbia-Macedonia, Japan and Hong Kong.

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Where to invest?

Liam Bailey, head of residential research at estate agency Knight Frank, mentions:

Estonia, Latvia, Lithuania,

Germany.

Other places mentioned at Fly-to-let: The world in a twirl are:

Romania,

Thailand,

Turkey,

Bali

For the asventurous:

Argentina

Brazil.

http://www.timesonline.co.uk/article/0,,2098-2164101.html

http://www.housepricecrash.co.uk/


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