Positive Second Quarter In Global Property Markets

18-Sep-2009
Global property markets recorded a positive second quarter, according to Knight Frank's latest international index…

Knight Frank Global House Price Index Q2 2009: Highlights

 
  • Israel remains the top performer over a 12-month period with prices increasing by 12.5 per cent to the end of Q2 2009.
  • On a quarterly basis, Norway saw the biggest rise with prices up 5.3 per cent during the second three months of the year.
  • Dubai recorded the largest annual (-47.0 per cent) and second largest quarterly (-7.5 per cent) drops in the index, but prices are now falling at a reduced rate.
  • The quarterly drop in prices accelerated in less than 25 per cent of locations in Q2 2009.
  • In terms of annual price falls, the UK ranked 26 th in Knight Frank's table (out of 32).
  • In terms of quarterly price falls, the UK was in 13 th place. 

View the full Knight Frank Global House Price Index Q2 2009

Related story:

Israel Tops Global Price Table
Israel Tops Global Price Table
 (27 May 2009)
Israel had the strongest housing market in the world in Q1 2009, says Knight Frank's Global House Price Index …...More

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