Global House Price Index - Q2 2020

Despite of COVID-19, The Netherlands stays a strong performing residential market in the Knight Frank Global House Price Index of Q2 2020.

• Covid-19 has led to delays in the reporting of official house price indices, only 29 of the 56 markets we track have reported data to June 2020

• Nonetheless, the data still provides a glimpse into the impact of Covid-19 with the number of markets seeing a decline in prices year-on-year rising to 9% this quarter

• Turkey leads the annual rankings with prices up 25% year-on-year but it’s worth noting inflation currently sits at around 12%.

• New Zealand, Germany and South Korea, three countries that were initially thought to have dealt with the pandemic effectively registered mixed results.

• European countries occupy 18 of the top 20 rankings this quarter with Baltic, Central and Eastern European nations well represented.