Following our World Cup predictions , which forecast an overall victory for the USA, TheMoveChannel.com follows the FIFA tournament through every stage, highlighting a property Match of the Day.
Argentina. Nigeria. It is no contest, right? Wrong. In the global tournament of real estate, even two countries so far apart on the pitch can be closer than they appear.
No price data from Knight Frank is available for either market, an indication of how far down they are on the scale from emerging to developed. The lack of property value information pits the two teams against each other in a tight three-point showdown rather than the usual length five-pointer.
Nigeria opens the property shootout by scoring 90 searches on Google in May for its real estate, significantly more than Argentina’s 20. But Argentina enjoy a stronger, more established position, as evidenced by their 114 listings on TheMoveChannel.com, far above the 1 in Nigeria. Demand is much higher too, with Argentina attracting 0.25 per cent of enquiries in 2013 compared to Nigeria’s 0.02 per cent.
The resulting 2-1 victory proves that two countries can be closer in the housing cup than in the sporting world – and that even within the emerging property markets, a gap can still be wider than it might appear.
Enquiries = % of enquiries received on TheMoveChannel.com in 2013
Searches = Number of searches for “property in X” on Google in the month leading up the World Cup
Listings = Number of properties currently listed for sale on TheMoveChannel.com
Price (12m/6m) = House price movement in the last 12 or 6 months, according to the Knight Frank Global House Price Index Q1 2014
Click here for the full statistics.