Global Price Index ranks Australia 7th on the fastest growing list

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.