The FT's latest European house price survey shows some curious results.

http://www.ft.com/cms/s/0/4fda2cc8-525a-11dd-9ba7-000077b07658.html

Firstly, it claims that Spanish property has only fallen 7% - which is in direct conflict with recent assessments of that market of a 30% fall.

Secondly, in this quarter it was unable to provide data for Polish nor Hungarian property and its front page graph show Slovakia growing at a rate of around 20% for the year. Clearly not accurate.

The conclusion? You can't expect statistics to give you a whole or accurate pitcure of European house price and instead, investors need to rely on knowledge and experience as well as an understanding of the basic local performance data.