The latest global price index by Knight Frank for houses has recognized Australia as the 7th fastest growing industry in the world with a 10.9% change over the year, ahead of the United States which finished at 10.3%.
54 countries were surveyed and for the first time since 2008, no country has dropped more than 10% in the price index. Dubai was recognized as the top performer with an increase of 27.7% over the year. China, Estonia, Turkey and Taiwan round up the top 5 countries on the global price index list.
Read more about this on the Smart Property Investment website.