hyll on Holland showflat

In between the leading contenders for growth prices in Europe were Ireland and France on 15.54% and 14.31% respectively. Elsewhere, in the southern hemisphere, South Africa has lost part of its shine as the growth in the property market slowed slightly to 13.54% (down from 20.62% the year before) whilst Australia and New Zealand had a growth rate of 7.18% and 12.28% respectively.

In Asia, Singapore lead the way hyll on Holland showflat with 6.08% growth whilst Hong Kong saw its property surge crash from a growth rate of 23.9% in 2005 to a decline of 3.73% in 2006.

As far as the western economies are concerned the "sleeping elephant in the room that no one wishes to acknowledge" so to speak is the USA. In the USA, where the housing market has been on a "bull run" since 1995 the market is starting to soften and how this affects the rest of us remains to be seen.