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Okay, so I really can't take this weather any longer. I've been house bound since November and I'm over the snow, the ice and the cold...over it! I've gotten fat and lazy and I can't take it anymore. So I've decided it's time to pack it up and hit the road.
I'd like my mom and dad to come along so I started to look at real estate markets all around the globe. After looking at different places my mom could work I realized that most countries weren't doing much better than the United States. Here's what I found...
Housing Outlook in Great Brittan Figures published yesterday by Nationwide, the second-biggest mortgage lender, showed that house prices fell by 0.5% in February, causing annual house-price growth to dip sharply to 2.7%, down from 4.2% in January. The value of the average house has fallen for four consecutive months and the latest signs indicate that the UK housing market is on the brink of a major decline.
Housing Outlook in Australia The Real Estate Institute of Australia said housing affordability was at its worst since it began keeping records 22 years ago. The average Australian family can no longer afford the average home mortgage, according to new figures that paint a devastating picture of how unaffordable housing has become in cities like Sidney and Melbourne. Some are saying that the Australia’s housing price bubble is at least 50% larger than America’s.
Housing Outlook South Africa Standard Bank said in its monthly report yesterday that the short-term outlook for residential property remained bleak. Year-on-year growth in South African residential property prices was flat for the third straight month in February and was expected to be noticeably lower in 2008 than the 8.3% percent annual growth recorded last year.
Currently the Best Housing Markets The strongest real estate market appears to be Singapore with China, India and South-East Asia also emerging as big property growth centers.
I don't really feel like moving all the way to China just to avoid this weather. Plus, it sounds like it would be tough for mom to make it in other real estate markets right now. Oh gosh...I'll guess I'll go hibernate until this weather goes away.
I'd like my mom and dad to come along so I started to look at real estate markets all around the globe. After looking at different places my mom could work I realized that most countries weren't doing much better than the United States. Here's what I found...
Housing Outlook in Great Brittan Figures published yesterday by Nationwide, the second-biggest mortgage lender, showed that house prices fell by 0.5% in February, causing annual house-price growth to dip sharply to 2.7%, down from 4.2% in January. The value of the average house has fallen for four consecutive months and the latest signs indicate that the UK housing market is on the brink of a major decline.
Housing Outlook in Australia The Real Estate Institute of Australia said housing affordability was at its worst since it began keeping records 22 years ago. The average Australian family can no longer afford the average home mortgage, according to new figures that paint a devastating picture of how unaffordable housing has become in cities like Sidney and Melbourne. Some are saying that the Australia’s housing price bubble is at least 50% larger than America’s.
Housing Outlook South Africa Standard Bank said in its monthly report yesterday that the short-term outlook for residential property remained bleak. Year-on-year growth in South African residential property prices was flat for the third straight month in February and was expected to be noticeably lower in 2008 than the 8.3% percent annual growth recorded last year.
Currently the Best Housing Markets The strongest real estate market appears to be Singapore with China, India and South-East Asia also emerging as big property growth centers.
I don't really feel like moving all the way to China just to avoid this weather. Plus, it sounds like it would be tough for mom to make it in other real estate markets right now. Oh gosh...I'll guess I'll go hibernate until this weather goes away.
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