|
|
|
Athens Macedonian News Agency: News in English, 14-06-12
CONTENTS
[01] Greece records second biggest decline in real estate prices in Q4
[01] Greece records second biggest decline in real estate prices in Q4
ANA/MPA---Greece recorded the second biggest decline in real estate
prices in the world in the fourth quarter of 2013, the International
Monetary Fund said on Thursday.
The IMF, in a report, said that the biggest decline in the world was
recorded in India (-9.1 pct), followed by Greece (-7.02 pct), Italy
(-6.54 pct), Cyprus (-6.48 pct) and Croatia (-6.35 pct).
On the other hand, the Philippines (10.56 pct), Hong Kong (10.25 pct),
New Zealand (9.1 pct), China (9.1 pct) and Colombia (8.1 pct) recorded
the biggest price increases in the fourth quarter of 2013.
The report said that house prices diverged by 16.3 pct compared with
rental prices in Greece and compared with the historic average rate.
|
