England may have been knocked out of the World Cup, but the country took home the trophy for most homes for sale in a property World Cup held by TheMoveChannel.com.
The property portal’s #TMCWorldCup infographic ranked all the countries participating in the football tournament by four categories: demand (the share of enquiries received in 2013), accessbility (number of properties for sale), appeal (number of Google searches for property in each country in May 2014) and health (price growth over 12 months and six months using Knight Frank’s Q1 2014 Global House Price Index).
“Combined, these factors give an indicator of both the investment potential for a country’s property and its overall health,” explains Ivan Radford, Editor of TheMoveChannel.com.
The USA won at demand for property, receiving 21.36 per cent of enquiries on the international website last year. France and Spain proved the most appealing to overseas buyers, with 32,900 and 32,100 searches on Google last month for “property in France” and “property in Spain” respectively. Brazil’s boom saw its house prices soar by the biggest amount: 12.1 per cent year-on-year in the first three months of 2014, just ahead of Australia (10.9 per cent) and USA (10.3 per cent).
Some countries, such as Greece, saw prices plummet 8.4 per cent year-on-year, making it hard for homeowners to sell their house without making a loss. Other markets are more in favour of sellers, though, with Portugal now enjoying positive price growth across both a 12-month and six-month period.
The tournament, which follows the same format as the FIFA event, sees USA and England face off in the final. While the USA won overall for buyers and ivnestors, runner-up England proved to be the best property market for sellers, thanks to strong price growth (9.1 per cent year-on-year), high demand (12.79 per cent share of enquiries) and 262,750 properties currently for sale.
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