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India slips 12 spots to 55th position in Global Home Price Index

Sumit Arora Published On June 15th, 2021 Leave a comment

India has moved down 12 spots in the global home price index to 55th rank in Q1 2021 against 43rd rank in Q1 2020, with a decline of 1.6 per cent year-on-year (YoY) in home prices, Knight Frank, in its latest research report “Global House Price Index” – Q1 2021.

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Global Home Price Index is prepared by the London-based Knight Frank, which monitors housing prices in 56 countries. Turkey continues to lead the annual rankings with prices up by 32 per cent YoY, followed by New Zealand.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.