Real estate consultant Knight Frank's Global House Price Index tracks nominal and real price growth across 56 countries in local currencies. Turkiye is at the number one position with an annual 89.2% appreciation, followed by Croatia (13.7%), Greece 11.9%, Colombia 11.2% and North Macedonia 11%.
Kolkata, India s seventh-largest city, offers the most affordable homes among the top seven Indian cities. While the economy category homes are available at ₹3,347 per sq ft, the mid- and premium homes are priced at ₹5,580 per sq ft, making it the lowest among other cities. However, Kolkata witnessed a 12% appreciation rate for luxury properties since 2018, the least among the other Indian cities.
Turkey remains at the top with a 32 per cent rise in prices during January-March 2021 compared to the first quarter of the 2020 calendar year. New Zealand saw a 22.1 per cent rise in prices on a year-on-year (YoY) basis, followed by Luxembourg (16.6 per c