【Knight Frank】Global House Price Index - Q3 2019

Prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average, this marks the index’s slowest rate of growth for over six years. This trend mirrors the pattern observed in Knight Frank’s other global city indices – across both the mainstream and prime segments. Analysis of the latest available data, shows Hungary leads the index this quarter with 15.4% annual price growth, boosted by a robust economy (4.9% GDP growth forecast in 2019*), low mortgage rates, high wage growth and a range of government subsidy measures. However, other previous frontrunners from the last two years have cooled significantly – Slovenia (18th), Malta (22nd) and Iceland (26th) either due to weaker economic landscapes, affordability concerns or a decline in tourism.

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