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Global property investment markets performed better than expected in 2011

Global property investment markets enjoyed a stronger than expected end to last year according to Cushman & Wakefield's latest research.

Miami Housing Inventory Declines 37% in January as Condo Prices Spike 36%

Following a record sales year, Miami home prices posted strong gains in January. The median sales price of condominiums in the Miami Metropolitan Statistical Area (MSA) spiked 36 percent to $122,500 in January compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system.

Buyer competition in prime Central London much fiercer

Sustained domestic and overseas demand for property in prime Central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons.