Globally, house prices increased by 3.4% on average in the year to March 2016, but top-performing countries such as Turkey and Australia are seeing their rate of annual price growth slow. Turkey, which leads the annual rankings for the fourth consecutive quarter, has seen its rate of annual growth decline from 18% last quarter to 15%.
Tagged – ‘house prices’
The Global House Price Index increased by 3% in 2015, up from 2.3% in 2014.
Global house prices shifted marginally in the year to June 2015 rising by only 0.1%.
We now know the finalists for this year’s Eurovision Song Content, but how have the nations slugging it out in the world’s cheesiest pop event fared in terms of house-price performance?
Knight Frank’s Global House Price Index registered a fall in the final quarter of 2014, its first quarterly decline in over two years.
Lower oil prices are leading many in the GCC to wonder about the possible implications for real estate.
Luxury residential markets face a diverse range of challenges and opportunities in 2015, but now that stimulus measures have all but disappeared in the US and the UK, all eyes are on Europe and Japan and the extent to which they could halt the tentative global recovery.
With price growth in Dubai and much of Asia slowing, the Knight Frank Global House Price Index has lost its main engines of growth resulting in a rise of just 0.1% in the third quarter of 2014.
Our Prime Global Cities Index, which tracks the movement of luxury residential prices across 33 cities, rose by only 0.2% in the third quarter of 2014, its weakest performance in two years.
More countries recorded a rise in house prices in the year to June than at any point since the start of the global financial crisis but Europe’s mainstream housing market is still lagging behind. Our Global House Price Index presents a mixed picture this quarter.