Consultancy firm Knight Frank Global House provided housing market worldwide, and has recently released a report on house prices in 55 countries in 2012. The largest residential growth in 2012 was measured in Hong Kong with a growth of 23.6%. Globally, it was measured a dwelling increase of 4.3%. 20 countries experienced declines, compared with 25 countries last year.

While Hong Kong pulls the average up, it is Europe that draws the other end with Spain and Greece as the heaviest with a fall in respectively 10 and 13.2%.

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The countries with the biggest rise in house prices in 2012:
1 Hong Kong: 23.6%
2 Dubai: 19%
3 Brazil: 13.7%
4 Turkey: 10.5%
5 Russia: 10.2%
6 Austria: 10.1%
7 Taiwan: 9.7%
8 China: 9.3%
9 India: 8.5%
10th Colombia: 8.3%

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Norway is on a 16 place with 6.6% growth. Norway is one of ten countries that have experienced the highest inflation since the financial crisis in 2008, the report from Knight Frank Global House. Sweden is the 29th place with 2.1% inflation. Denmark is on 33 place with a rise of 0.33%.

At the other end of the list we find:
Italy – 4.1%
Ireland – 4.5%
Portugal – 5, 1%
Romania: – 5.6%
Hungary – 5.7%
Cyprus: – 5.8%
Netherlands – 6.3%
Slovenia – 7.6%
Croatia: – 8.7%
Spain – 10%
Greece – 13.2%

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