TNPSC Thervupettagam

Global home price index

June 15 , 2021 1147 days 802 0
  • India has moved down by 12 spots in the global home price index.
  • This is according to Knight Frank’s Global House Price Index for Q1 2021.
  • India is ranked at 55th position in terms of property prices.
  • Property price in India has declined amid covid-19 pandemic.

Note                                                      

  • Turkey is the topper in annual rankings with prices of 32 percent.
  • Spain emerged as weakest-performing territory in Q1 2021.
  • Space is followed by India with 1.6 per cent decline on prices.

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