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Posts Tagged ‘Greece’

Record Queens Condo Prices: Bigger Than Crises in Greece, China

July 9, 2015 | 9:51 pm | |

Rental_0615Douglas Elliman published our research today covering Queens sales, Brooklyn sales Westchester/Putnam sales as well as the rental market for Manhattan Brooklyn & Queens. You can download the reports and more at Douglas Elliman’s market report page.

Like last week’s Manhattan report, there were lots of records set and it wasn’t simply the influence of high end sales – prices were up across the board in most markets.

Incidentally, the Bloomberg News article that covered record Queens condo sales was the second most emailed story world-wide. It stoked more interest than the finance crisis in Greece and the recent Chinese stock market gyrations. Apparently only “investors with satellites” was a more popular read.

Idea (?) for next quarter: Talk about drones and investors in the Queens housing market.

2q15queensrptBLOOMBERGTERMINALS

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Knight Frank GHPI 3Q12 – Brazil up 15.2%, Greece down 11.7% YOY

December 5, 2012 | 9:46 pm | | Reports |

No surprises here. Knight Frank’s Global Home Price Index comprehensive ranking of housing price changes in 55 countries showed Brazil and it’s economic boom at the top of the list. The Brazilians have jump started the Miami housing market nearly single handedly because housing prices at home remain so high that the US appears much cheaper.

Highlights

  • The index rose 1% year-over-year
  • European countries fill bottom twelve rankings for YOY price growth
  • Price growth in Asia Pacific is slowing



Global House Price Index 3Q12 [Knight Frank]

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[Knight Frank] Q1 2012 Global House Price Index: Europe Is A Problem

June 5, 2012 | 12:37 pm | |

Here’s a great research piece from Knight Frank on the state of housing in many of the world’s cities.

South America is dominating other regions in market performance right now. Canada shows strength (all the HGTV shows seem to be filmed there) and why isn’t Greece falling harder?

Knight Frank published their The Global House Price Index recorded its weakest annual performance since the depths of the recession in 2009, recording only 0.9% growth in the year to March 2012. Doubts over the Eurozone’s future, along with the Asian governments’ staunch efforts to cool their markets and deter speculative investment, have taken their toll.

Here’s in the index table:



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[Three Cents Worth #147] The Manhattan Black Thursday Keystroke

May 7, 2010 | 4:08 pm | | Charts |

It’s time to share my Three Cents Worth on Curbed, at the intersection of neighborhood and real estate.

Three Cents Worth: The Manhattan Black Thursday Keystroke

The sudden 1,000 point fall in the Dow yesterday was temporarily dubbed “Black Thursday” before the market rebounded. Assuming most of it wasn’t due to a rumored $16B trader error on P&G (theory: lunchtime multi-tasking with peanut butter on fingers has been proven to sharply raise chances of incorrect keystrokes on computer terminals), it appears largely due to the drop in investor confidence related to the unraveling of Greece’s economy. They say it’s not cool to pay taxes there.


[Click to expand and read full post on Curbed]

Check out previous Three Cents Worthposts.


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