Global House Prices Showing Downward Trend

House prices are falling globally, International Monetary Fund relates it to incomes, asset prices and growth of population.
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Global House Prices Showing Downward Trend
A house for sale in Dublin (file photo). House prices in Ireland fell by about 17 percent in the second quarter of 2012 compared to the same period last year. (Miguel Riopa/AFP/Getty Images)
Alan McDonnell
9/26/2012
Updated:
10/1/2015
<a><img class="size-large wp-image-1781409" src="https://www.theepochtimes.com/assets/uploads/2015/09/Dublin-House-For-Sale-Miguel-Riopa-Getty-91985455.jpg" alt="A house for sale in Dublin (file photo). House prices in Ireland fell by about 17 percent in the second quarter of 2012 compared to the same period last year. (Miguel Riopa/AFP/Getty Images)" width="590" height="404"/></a>
A house for sale in Dublin (file photo). House prices in Ireland fell by about 17 percent in the second quarter of 2012 compared to the same period last year. (Miguel Riopa/AFP/Getty Images)