- The Big Picture - http://www.ritholtz.com/blog -
Global House Price Index
Posted By Barry Ritholtz On July 22, 2014 @ 12:30 pm In Data Analysis,Digital Media,Real Estate | 2 Comments
Home sales, at least in the U.S., seem to be rising. Existing home sales in June increased to 5.04 million  annualized. That number may be affected by the weather, as June sales most likely come from contracts signed after the depths of winter.
To find out if this is a global improvement, we can take a look at the International Monetary Fund’s Global House Price Index . Its data and lovely infographics give us a few interesting things to digest. (You can also use the BIS data  or OECD statistics ).
The first chart shows the annual percentage change in housing prices. The U.S. is 10th, and housing prices in the country are still far below (35 percent, or so) their 2006 peak.
Continues here 
Source: International Monetary Fund 
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2014/07/global-house-price-index/
URLs in this post:
 5.04 million: http://www.bloomberg.com/news/2014-07-22/sales-of-existing-homes-in-u-s-rise-to-an-eight-month-high.html
 Global House Price Index: http://www.imf.org/external/research/housing/index.htm
 BIS data: http://www.bis.org/statistics/pp.htm
 OECD statistics: http://www.oecd.org/statistics/
 Continues here: http://www.bloombergview.com/articles/2014-07-22/the-world-s-best-and-worst-housing-markets-ritholtz-chart
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/07/IMF-Global-Housing-Watch.png
Copyright © 2008 The Big Picture. All rights reserved.