Gauging the end of global housing bust

19 of 36 countries saw year-over-year price increases in Q1

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Overseas property analysis site Global Property Guide has declared the global housing bust "effectively over."

Out of 36 countries, 19 had seen year-over-year price increases in the first quarter of 2010, the site said in a recent article. Those were the results of the site’s latest survey of official house-price statistics around the world.