Global real estate booms again, and the big housing bargains are outside the US
- In 2016, 18 of the 23 European housing markets boomed, according to the research firm Global Property Guide.
- Global real estate funds are turning in double-digit performance this year.
- Yields are higher on overseas real estate ETFs than on U.S.-focused property funds.
- Global real estate stocks have much more room for price growth.
- The Vanguard Global ex-U.S. Real Estate ETF has a price-to-earnings ratio of 13.45. The U.S. real estate fund counterpart from Vanguard has a price-to-earnings ratio of 34.17.
Source : Global real estate booms again, and the big housing bargains are outside the US