India witnessed a 5.9% rise in real estate prices in the last 12 months in Q3 2023; Turkey continues to lead the Knight Frank’s Global House Price Index
India climbed 18 spots up to 14th rank in the global house price index in Q3 2023. Home prices in the country increased 5.9% year-on-year in the third quarter of 2023, according to the Knight Frank’s Global House Price Index.
Globally, house prices remained robust in the face of higher debt costs, with average prices across the 56 markets covered by the Knight Frank’s Global House Price Index growing at an average of 3.5% YoY in September 2023, up from 2.2% in the previous quarter.
