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Global House Price Index, Q4, 2013, Knight Frank

Posted by: In: Real Estate 20 Mar 2014 Comments: 0 Tags: ,

Knight Frank’s Global House Price index, which tracks the performance of 56 mainstream housing markets around the world, rose by 8.4% in 2013 and by 1.2% in the final quarter of 2013.

Key findings:

Dubai recorded the largest annual rise in mainstream prices but values remain 25% below their 2008 peak
Ukraine, Croatia and Greece were the weakest-performing housing markets in 2013
In 2013, house prices rose in 39 countries, compared with 27 in 2012
European countries still dominate the bottom of the rankings but in most cases the rate of decline slowed in 2013.

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Source: OPP



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