NEWS
Australia's property market is the most transparent with investors given comprehensive and regular access to data regarding rents, prices and valuations, the new Jones Lang LaSalle 2010 Global Transparency Index reveals.
The report also suggests those markets recording better transparency rates will record greater growth and recovery than closed-off markets.
The survey measures a country's transparency based on five criteria: performance measurement, market fundamentals, listed vehicles, regulatory and legal issues and transaction processes.
Respondents were asked to rank Australia's transparency for each category on a numerical ranking of between one and five.
The majority found Australian property investors had more access to fundamental market information, including prices and sales figures, than any other nation.
Canada came in second, followed by Britain, New Zealand, Sweden and the United States.
A number of European nations have made it into the top 10 including France, Ireland and the Netherlands.
Published: 27 June 2010
