2 years, 9 months ago
India ranks 51st in global list of annual rise in housing prices: Report
Deccan ChronicleNew Delhi: India ranks 51st in annual appreciation in housing prices with a 2.1 per cent rise in rates during the October-December quarter of the last year, according to property consultant Knight Frank. Turkey witnessed the highest annual price growth rate by 59.6 per cent in the year to Q4 2021, followed by New Zealand, Czech Republic, Slovakia and Australia. Malaysia, Malta and Morocco markets recorded a decline in housing prices by 0.7 per cent, 3.1 per cent and 6.3 per cent, respectively, in the year 2021. After a gap of five quarters, the housing rates increased 0.1 per cent in Q3 of 2021 and 2.1 per cent in Q4 of 2021.
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History of this topic
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