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Global House Price Index

Hong Kong leads global house prices higher - Q1 2013

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Global House Price Index - 1Q 2013

Thirty five of the 55 housing markets (63%) tracked by Knight Frank’s Global House Price Index recorded an increase in mainstream property prices in the year to March.

The index now stands 14.7% above its recessional low in Q1 2009.

Property prices in all world regions, except Europe, increased in the year to March with the Middle East performing best, rising by 10.6% on average.

Mainstream property prices in Hong Kong and China look to be flouting the efforts of policymakers to cool their property markets; both recorded price rises in the first quarter despite a raft of measures to kerb escalating prices.

Source : Knight Frank

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Keywords : Knight Frank