Stockmarkets around the world have been stimulated by ultra-loose monetary policy. The response of property markets-the biggest asset class of all-has varied. Whereas the housing boom before the financial crisis was remarkable for its global reach, the recovery after the bust is patchy. Among the 18 countries shown in the table, prices have risen over the past year in 12. The biggest increase has been in Hong Kong, where house prices are up by 24.5%. The biggest faller is Spain, where prices are down by 7.7%.
展开▼
