Last year was a good year for the world’s main housing markets. However, global uncertainty does not contribute to the continued boom in property prices, writes Global Property Guide.
Real house prices, adjusted for inflation, rose in 31 of the 51 global markets for which data is available.
However, the global economic and political uncertainty is not conducive to the continuation of the boom in the housing market. According to experts, North America is at the end of a long economic growth cycle. Continue reading