Chart of the Day: Homes in Australia, Hong Kong Overvalued; Undervalued in Japan, Germany

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 |  Includes: EWA, EWG, EWH, EWJ, IYR
by: Edward Harrison

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This time last year, The Economist’s survey of global house prices was a sea of negative numbers. That was then. Of the 20 markets tracked in our latest survey, only four still posted year-on-year declines and only Ireland’s property catastrophe has worsened.

Source: The Economist