PHOTO: New Zealand Property Market

New Zealand was ranked 11th, after a rise of 9.1 per cent in house prices over the year, making it the best performer in the Asia Pacific.

Global House Price Index Quarter 2, 2020

COUNTRY/TERRITORY12 MONTH % CHANGE (Q2,2019-Q2,2020)6 MONTH % CHANGE (Q4,2019 – Q2,2020)3 MONTH % CHANGE (Q1,2020 – Q2,2020)
Turkey 25.7% 17.4% 11.2%
Luxembourg 13.9% 6% 3.8%
Lithuania 12.4% -1.6% -6.6%
Estonia 11.5% 7.8% 4.8%
Poland 11.3% 6.6% 3.6%
Slovakia 11.2% 8.4% 3.6%
Ukraine 11.2% 2.4% 0%
Czech Republic 9.5% 4.7% 2.6%
Latvia 9.1% 1.2% 1.1%
Croatia 9.1% 5.7% 2.7%
New Zealand 9.1% 1.6% -4.1%
Portugal 8.3% 2.2% 0.5%
Romania 8.1% 4.9% 3.3%
Russia 8.1% 5.8% 1.4%
Netherlands 7.6% 4.5% 1.9%
Greece 6.9% 2.5% 2%
Germany 6.8% 2.7% 0.3%
Iceland 6.7% 3.4% 1.5%
Australia 6.1% -0.4% -2%
Canada 5.9% 4.3% 3.2%
Source: Knight Frank. Countries and territories are ranked across the 12 months to June, 2020.

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