Average house prices rose by 6.5% in the year to March across the 55 countries, according to the Knight Frank Global House Price Index. It is the highest rate of annual growth recorded by the index since the first quarter of 2014.

Eleven countries recorded double digit price growth in the year to March 2017, a year earlier only four fell into this bracket.

Price growth in China has slipped marginally to 10.3% per annum with more than 45 cities having implemented home purchase restrictions.

Ahead of their 2017 elections France and the Netherlands saw price growth increase, South Korea, the UK and Germany are seeing price growth slow.

Source: Knight Frank

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