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India Slips 13 Spots To 56th Position In Global Home Price Index

World House Worth Index: India reported a decline of three.6 per cent year-on-year in residence costs

World House Worth Index: India slipped 13 spots decrease, touching the 56th rank, within the international residence worth index within the fourth quarter (Q3) of this monetary yr, in opposition to its 43rd rank in the identical quarter of final fiscal In line with a current analysis report ‘World Home Worth Index This fall 2020’ launched by Knight Frank, the nation reported a decline of three.6 per cent year-on-year (YoY) in residence costs. In line with the main property marketing consultant, the World Home Worth Index tracks the motion in mainstream residential costs throughout 56 nations and territories on the planet utilizing official statistics.

Through the 12-month share change for the interval This fall 2019 – This fall 2020, Turkey continues to steer the annual rankings with costs up by 30.three per cent year-on-year, adopted by New Zealand at 18.6 per cent year-on-year and Slovakia at per cent year-on-year. India was the weakest-performing nation within the fourth quarter, with a decline of three.6 per cent year-on-year in residence costs, adopted by Morocco with a drop of three.three per cent year-on-year.

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