{"id":8233,"date":"2017-12-12T10:16:20","date_gmt":"2017-12-12T10:16:20","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=8233"},"modified":"2017-12-12T10:16:20","modified_gmt":"2017-12-12T10:16:20","slug":"european-housing-markets-see-strong-performance-in-q3","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/european-housing-markets-see-strong-performance-in-q3\/","title":{"rendered":"European housing markets see strong performance in Q3"},"content":{"rendered":"

Almost nine out of ten of countries saw positive annual price growth in the third quarter, while Europe recorded a<\/strong>\u00a0rise of 5.6% to September.<\/strong><\/p>\n

According to analysis from Knight Frank’s Global House Price Index looking at 56 countries across the world, the growth seen across Europe was up from 2.3% three years ago. Meanwhile, Greece <\/a>saw a 0.7% increase, raising its chances of finally reaching positive territory over the next quarter after nine years of shrinking prices.<\/p>\n

The UK<\/a> came 42nd in the rankings, with 2.6% house price growth in Q3, just a 1% change from the previous quarter.<\/p>\n

Almost 90% of countries tracked by Knight Frank’s index recorded positive annual price growth<\/a> in the year to September 2017 \u2013 but nearly half saw their rate of annual growth slump compared with the previous quarter.<\/p>\n

Shrinking markets<\/h4>\n

The change was most noticeable at the top of the rankings table. “Thirteen of the 15 strongest-performing housing markets around the world registered a slowdown in their rate of annual growth in the year to September,” said Kate Everett-Allen, International Residential Research at Knight Frank.<\/p>\n

Iceland<\/a> maintains its position at the top of the rankings table, with the country\u2019s average prices ending the year to September 20.4% higher, down from 23.2% last quarter.<\/p>\n

Hong Kong<\/a> has also maintained its position of second on the table, but data from the Hong Kong Ratings and Valuation Department shows price growth equated to only 1.7% in the third quarter of this year.<\/p>\n

China<\/a> has slipped from 12th to 19th position in the rankings. Chinese property prices are now rising at their slowest rate for five quarters, up by 6.5% on an annual basis according to the National Bureau of Statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Almost nine out of ten of countries saw positive annual price growth in the third quarter, while Europe recorded a\u00a0rise of 5.6% to September. According to analysis from Knight Frank’s Global House Price Index looking at 56 countries across the world, the growth seen across Europe was up from 2.3% three years ago. Meanwhile, Greece… Read more »<\/a><\/p>\n","protected":false},"author":1955,"featured_media":8244,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[141],"tags":[33,341],"class_list":["post-8233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-overseas-property","tag-house-prices","tag-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/8233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1955"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=8233"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/8233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/8244"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=8233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=8233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=8233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}