South Africa - House prices fall ‘most in 30 years’

Business Report

Rode claimed in January this year that house prices in South Africa were still at least 25 percent overvalued despite the economy being three years into “the great recession”

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Euro continues its decline against the USD and GBP

Property Overseas Today

The pound continued to trade higher against the EUR on Wednesday as GBP/EUR hit a new 3-1/2 year high at 1.2706 and the 17-nation currency continued its downward move versus the USD with EUR/USD hitting a fresh two-year low

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International buyers see France as a safe haven

International Estate Agent Today

The 2012 Investing & living abroad survey by BNP Paribas has been published and this year the report has been extended to look at the impact that the internet is having on the buying process.

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Spain: European buyers rise 12.3% despite markets falls

Global edge

Yet, despite the gloom, the international market is showing real signs of strength.  According to the property registers (registradores.org), European purchases of property in Spain rose 12.3%. 

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Foreign buyers driving up U.S. home prices

MyDesert.com

A reverse flow of overseas investments is now occupying the front row of multi billions of dollars flowing into the depressed U.S. housing sector, already causing a value appreciation of this savagely distressed sector .

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