Global housing markets saw prices rise in 2015, led by Australasia

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Source: Property Wire

The real estate price index covering key property markets around the globe increased by 3% in 2015, up from 2.3% in 2014.

Concerns over the global economy have failed to dent buyer confidence and instead the lingering low interest rate environment influenced sentiment, the index report from Knight Frank says.

Some 78% or 43 of the 55 housing markets tracked by the Global House Price Index saw prices rise up from 10 countries or 19% in the aftermath of Lehman’s collapse in the second quarter of 2009.

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