Australia Slips in Growth Ranking
Australia slipped to 19th in the world for house price growth for the year to June 2020, according to the Knight Frank Global House Price Index Q2 2020.
In the same report for Q1, Australia had ranked 10th.
But it was still up 37 places from one year ago, when we were 56th, with negative growth over the previous 12 months of -7.4 per cent.
Topping the charts was turkey, whose 12 months change was up 25.7 per cent, with 11.2 per cent over the last quarter. New Zealand was the best-performing country in the Asia Pacific, with a growth of 9.1% over the past year, but it slipped in the rankings from 2 to 11 between March and June.