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Global Housing Watch Quarterly Update

Tuesday, April 14, 2015   (0 Comments)
Posted by: FIABCI-USA HQ
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Housing markets across the globe have broadly followed a two-speed pattern: in one group of countries, housing markets quickly rebounded after modest declines during the Great Recession, while in the other group, they are still recovering from much sharper declines. Reflecting these divergent movements, the IMF’s Global House Price Index - an average of real house prices in nearly 60 countries - has inched up slowly during the past two years, after a sharp drop during the crisis (Figure 1). Click for the full newsletter.