Categories: Ranks & Reports

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

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.

Important takeaways for all competitive exams:

Knight Frank Established: 1896;
Knight Frank Headquarters: London, United Kingdom.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.