International Property Bounce Back Slowing

publication date: Jan 27, 2011
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

Slowdown in Bounce Back of International Property Prices

The third quarter of 2010 showed a slowdown in the 'bounce back' for property prices internationally, according to the latest report from the Global Property Guide. Economies showing strong growth showed the strongest growth.

Economic growth and debt are the two big influencers on house prices. So places such as Greece (-8.22%) and Ireland (-15%) continue to slide and even the US which had bounced back seems to be suffering again. Areas like Bulgaria (-8.6%) which were overdeveloped and therefore have an oversupply in many areas continue to do badly too.  

READ MORE for full details of the International Property Market

Overseas Property Investment Warning!
Watch out for property investment companies trying to flog so called 'cheap' deals in these areas. 

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