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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Franchise Group Press Releases

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. 

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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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