Knight Frank's Global House Price Index tracks the performance of over 50 mainstream national housing markets around the world using official data from Central Banks or National Statistic Offices in each country.

"Current key trends in the housing market include market acceleration and the growth in new home prices that we have already seen in the last quarter of 2023. Falling inflation and falling interest rates have revived subdued demand. The main factor that will lead to further growth in new home prices is the lack of construction and few new homes for sale", comments Katerina Polakova on the situation on Residential market.

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