Tuesday, Jun 02, 2009

More food for the bears

BBC: Global house prices drop further

House prices around the world dropped further in the first quarter of 2009 as the global recession worsened, with Latvia seeing the largest falls. Out of 32 countries studied, 27 saw price falls over the year to the end of March 2009, property researchers the Global Property Guide said. Apartment prices in the Latvian capital Riga fell 50% over the year. The guide uses price changes after inflation to try to give a realistic picture of the property market.

Posted by jack c @ 01:11 PM (364 views) Add Comment

1 Comment

1. Hmm said...

interesting bit on US banks returning their TARP monies http://www.cnbc.com/id/31055198

Tuesday, June 2, 2009 02:38PM Report Comment
 

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