Global home prices show uneven recovery

From Global Edge

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New time-series data from the Global Property Guide reveals that house prices are now rising in more countries than they are falling.

During the last quarter of 2009, property prices rose in 22 of the 34 countries analyzed and fell in only 11 countries.

The data suggests that recovery is now taking place in most residential property markets despite large year-on-year declines in many national markets.