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NEW ZEALAND PROPERTY EXHIBITS BIG GAINS ON A GLOBAL SCALE
Thursday June 19th, 2014
The International Monetary Fund (IMF) has launched Global House Price statistics to keep track of booms and busts around the world.
The new Global Housing Watch web page tracks developments in housing markets around the world and shows property price performance and values to income and rent ratios in various countries.
The biggest annual property price rises among the featured countries have come in the Philippines, Hong Kong and New Zealand, with the biggest falls coming in India, Greece and Italy, according to the IMF data shows.
Click on the below link to read full article and view graphic representation...
http://www.opp-connect.com/12/06/2014/new-imf-housing-data-keeps-track-of-booms-and-busts/