10 Countries With Highest Property Price Increase

Housing prices worldwide are rising the most since before the global financial crisis, following a market turmoil seen all around the globe during the pandemic. The value on properties have increased in lockdowns and homeowners have reflected on where and how they want to live, prompting many to relocate or purchase a second home. The countries mentioned in this video are ranked according to Knight Frank’s Global House Price Index which is measured by the movement in mainstream residential prices across 60 countries and territories using official data from national statistics offices and central banks. Another reason for the rise in prices is high demand from foreign nationals, mostly Americans and Canadians, and to a lesser extent from Europeans.

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