Understanding the Global Real Estate Game (Nicholas Vardy in Seeking Alpha, June 25th): "Knight Frank: Latvia… home prices jumped by a whopping 61.2% over the past year. Estonia and Lithuania rose by a relatively moderate 24.5% and 21.7%. South Africa is the fastest-growing commercial property market in the world… Property prices [there] rose 30.1%... Ukraine is still largely untapped as an institutional-investment market… Even Africa… is attracting investments, including a new $100 million fund focused on less developed African countries in western and southern Africa… More than a dozen global [US-launched] real-estate mutual funds… now manage $16.8 billion. International real-estate ETFs such as WisdomTree International Real Estate and Northern Trust Corporation's Northern Global Real Estate Index are solid bets in the sector."

Source: http://usmarket.seekingalpha.com/article/39331