Winans Investments: Global Housing Index Reaches An All-Time High!
NOVATO, Calif., Aug. 2, 2013 /PRNewswire/ -- The Winans-GFD International Real Estate Index reached a record high in 2012, and 67% of the 38 countries used in the index posted increased housing prices last year.
|
Winans-GFD Intl. Real Estate Index (WITIRE) | |||||||||
|
2012 |
2011 |
2010 |
2009 |
2008 |
2007 | ||||
|
2.8% |
1.0% |
3.7% |
1.9% |
1.3% |
7.3% | ||||
|
Winans (U.S.) Real Estate Index (WIREI) | |||||||||
|
2012 |
2011 |
2010 |
2009 |
2008 |
2007 | ||||
|
16% |
(7.9%) |
4.4% |
1.7% |
(3.8%) |
(6.3%) | ||||
|
Best Global Housing Markets (Total Return since 2006) | |||||||||
|
Brazil |
Hong Kong |
Colombia |
Israel |
Singapore |
Russia | ||||
|
20% |
17% |
11% |
10% |
9.2% |
8.8% | ||||
|
Worst Global Housing Markets (Total Return since 2006) | |||||||||
|
Ireland |
Greece |
Spain |
Demark |
Hungary |
Netherlands | ||||
|
(5.6%) |
(5.2%) |
(3.3%) |
(3.0%) |
(1.9%) |
(1.8%) | ||||
|
In local currency | |||||||||
"While the U.S. housing market posted a strong price advance last year, the global housing market as a whole, has grown faster than the U.S. over the long term (6.6% vs. 5.5%, since 1975). The Winans-GFD International Real Estate Index is at an all-time high while U.S. housing prices overall are still below their 2006 high point," says Ken Winans, president of Winans Investments.
The Winans-Global Financial Data International Real Estate Index (symbol: WITIRE) is a non-weighted index that tracks global housing prices since 1975 with data from 38 countries. Sub-indices adjusted for: currency, GDP, exclusion of the U.S. housing market are also available.
More information on the Winans-GFD International Real Estate Index or Winans Investments can be found at www.winansinvestments.com www.globalfinancialdata.com
SOURCE Winans Investments
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