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.
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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