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Sunday, July 17, 2011

Coldwell Banker Real Estate Issues International Housing Report - Los Angeles-Platinum Triangle-Beverly Hills Real Estate-90210-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Mansions-Celebrity Homes-Homes For Sale-Listings-Realtor-Real

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Coldwell Banker Real Estate Issues International Housing Report

Identifies average home listing price in 30 countries and more than 60 markets

PARSIPPANY, N.J. 07-13-2011

Coldwell Banker Real Estate LLC today released a report on international housing markets, which compares similar four-bedroom, two-bathroom homes in 30 countries and more than 60 markets outside the United States and Canada.

Among the more affluent markets in the report is Neuilly-sur-Seine, France, located just four miles from the center of Paris and is the hometown of Nicolas Sarkozy, the current President of the French Republic. The city also serves as the headquarters for the global edition of The New York Times newspaper, The International Herald Tribune. A continent away in the opposite hemisphere, the tourist city of Salinas, Ecuador, is one of the many markets offering great affordability. It is also known for its proximity to the Pacific Ocean and year-round temperatures averaging 80 degrees Fahrenheit.

"As one of the world’s premier international real estate companies, Coldwell Banker has the pulse on what is happening in various global markets,” said Budge Huskey, president and chief operating officer, Coldwell Banker Real Estate LLC. “Increasingly we have seen that buyers are expanding their horizons when it comes to the number of countries under consideration for their investment.”
 
In addition to Salinas and Neuilly-sur-Seine, the Coldwell Banker report highlights some of the world’s most prominent cities, full of fun trivia and charming local facts:

  •     Paris, France, has been ranked as one of the top three European cities of the future by The Financial Times and produces more than one fourth of France’s total gross domestic product.
  •     Madrid, Spain, is the third largest city in the European Union and is considered the major financial center of Southern Europe.
  •     Rome is the capital and most populated city of Italy and has been ranked as one of the world’s 15 most important cities.
  •     Amsterdam is the financial and cultural capital of the Netherlands and home to seven Fortune 500 companies including ING Group and Royal Philips Electronics.
  •     Dublin houses more than one-quarter of the entire population of Ireland and is ranked 29th in the Global Financial Centres Index.
  •     Aruba is renowned for its white, sandy beaches, temperate waters and warm climate moderated by the trade winds of the Atlantic Ocean.
  •     Istanbul is the cultural, economic, and financial center of Turkey and at one time served as the capital of the Roman and Ottoman Empires.
  •     Mexico City, Mexico, is the country’s most important political, cultural, educational and financial center and boasts one of the world's fastest growing economies with a gross domestic product expected to double by 2020.

The release of this international data follows the recent Coldwell Banker Home Listing Report, a comprehensive analysis of real estate markets throughout the U.S. and Canada. Additional information on the North American report can be found on the Coldwell Banker Home Listing Report website.

Below are the full findings of the international report:

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Country

Market

Average Listing
Price (USD)

Aruba

Aruba

$445,875

Australia

Brisbane

$583,555

Australia

Gold Coast

$674,796

Australia

Sydney

$1,047,250

Belize

San Pedro

$366,750

Bermuda

Bermuda

$1,253,750

Costa Rica

Santa Ana

$617,500

Curacao

Willemstad

$227,733

Czech Republic

Brno

$264,097

Czech Republic

České Budějovice

$170,125

Czech Republic

Prague

$638,750

Dominican Republic

Cabarete

$328,500

Dominican Republic

Sosua

$196,250

Ecuador

Salinas

$75,000

France

Asnière sur Seine

$1,957,000

France

Boulogne

$2,565,000

France

Neuilly-sur-Seine

$4,204,000

France

Paris

$3,624,000

Greece

Athens

$632,624

Guatemala

Guatemala City

$265,000

Honduras

San Pedro Sula

$193,000

Honduras

Tegucigalpa

$242,750

Indonesia

Bandung

$232,558

Indonesia

Denpasar

$158,430

Indonesia

Jakarta

$354,651

Indonesia

Surabaya

$210,756

Ireland

Dublin

$687,289

Italy

Aosta

$976,000

Italy

Milan

$1,918,750

Italy

Riccione

$898,750

Italy

Rome

$1,777,750

Lebanon

Beirut

$765,000

Lebanon

Jounieh

$387,500

Malta

Attard

$505,000

Malta

Fgura

$405,000

Malta

Sliema

$605,000

Malta

St. Paul's Bay

$430,000

Mexico

Mexico City

$566,500

Mexico

Monterrey

$400,211

Netherlands

Amsterdam

$862,320

Netherlands

Bussum

$631,984

Netherlands

Rotterdam

$574,400

Netherlands

The Hague

$827,770

Panama

Panama City

$285,000

Peru

Lima

$423,125

Peru

Trujillo

$281,000

Romania

Brasov

$477,714

Romania

Bucuresti

$562,236

Spain

Madrid

$1,877,070

St. Croix

Christiansted

$540,400

St. Kitts-Nevis

Nevis

$1,103,750

Turkey

Ankara

$264,000

Turkey

Antalya

$227,500

Turkey

Istanbul

$417,975

Turkey

Izmir

$311,000

Turks and Caicos

Providenciales

$1,033,750

Venezuela

Caracas

$138,497

Venezuela

Maracaibo

$94,776

Venezuela

Porlamar

$208,039

Venezuela

Valencia

$119,718

Vietnam

Da Nang

$803,571

Vietnam

Ha Noi

$816,667

 


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About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of more than 87,000 sales agents working in approximately 3,200 offices in 49 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to augment its web site www.coldwellbanker.com for smart phones, the first to create an iPhone and iPad application, and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location SM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. 

Coldwell Banker Real Estate Issues International Housing Report - Los Angeles-Platinum Triangle-Beverly Hills Real Estate-90210-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Mansions-Celebrity Homes-Homes For Sale-Listings-Realtor-Real Estate – http://www.ChristopheChoo.com

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