India among countries that saw biggest jump in house prices

Global housing markets are gaining traction as average prices in the third quarter of 2013 increase by 1.5 per cent, according to Knight Frank Global House Price Index.

More than 69 per cent of the countries tracked by the index recorded positive price growth in the year to September, two years earlier this figure was closer to 55 per cent, it said.

Let's take a look at some of the markets that saw biggest increase in residential property prices.

Source: Knight Frank Global House Price Index

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Dubai, United Arab Emirates

Change in prices in 12-month period: 28.5 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 11.8 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 4.5 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 1

Dubai, which is one of the biggest trade and tourism hubs in the world, is witnessing an impressive rebound in the housing market after the post-2008 crash.

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China

Change in prices in 12-month period: 21.6 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 9.7 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 5.5 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 2

China, which is the fastest growing economy in the world, is trying to cool its property market, but, as the index shows, its efforts are not having much impact.

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Hong Kong

Change in prices in 12-month period: 16.1 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 3.4 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.8 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 3

Hong Kong, which has a per capita income of $52,687, saw 16 per cent increase in house prices.

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Taiwan

Change in prices in 12-month period: 15.4 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 11.9 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 7.4 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 4

Taiwan, which has a per capita income of $39,580, saw more than 15 per cent increase in house prices.

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Indonesia

Change in prices in 12-month period: 13.5 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.5 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 2.3 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 5

Indonesia, which has a per capita income of $5,182, saw more than 13 per cent increase in house prices.

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Turkey

Change in prices in 12-month period: 12.5 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 7.7 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 3.8 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 6

Turkey, which has a per capita income of $18,348, saw more than 12 per cent increase in house prices.

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Brazil

Change in prices in 12-month period: 11.9 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 6.1 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 3.0 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 7

Brazil, which has a per capita income of $12,118, saw nearly 12 per cent increase in house prices.

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Colombia

Change in prices in 12-month period: 11.8 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 5.9 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 2.7 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 8

Colombia, which has a per capita income of $10,791, saw 11.8 per cent increase in house prices.

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Germany

Change in prices in 12-month period: 11.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 9.8 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 4.9 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 9

Germany, which has a per capita income of $39,468, saw 11.2 per cent increase in house prices.

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United States

Change in prices in 12-month period: 11.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 10.5 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 3.2 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 10

United States, which has a per capita income of $52,839, saw 11.2 per cent increase in house prices.

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Ukraine

Change in prices in 12-month period: 10.9 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.0 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 2.3 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 11

Ukraine, which has a per capita income of $7,422, saw 10.9 per cent increase in house prices.

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Malaysia

Change in prices in 12-month period: 10.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 5.1 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.3 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 12

Malaysia, which has a per capita income of $17,675, saw 10.2 per cent increase in house prices.

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South Africa

Change in prices in 12-month period: 8.6 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 3.1 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.4 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 13

South Africa, which has a per capita income of $11,525, saw 8.6 per cent increase in house prices.

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Estonia

Change in prices in 12-month period: 8.4 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.5 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: -0.6 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 14

Estonia, which has a per capita income of $22,351, saw 8.4 per cent increase in house prices.

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Australia

Change in prices in 12-month period: 7.6 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.6 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.9 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 15

Australia, which has a per capita income of $43,042, saw 7.6 per cent increase in house prices.

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Denmark

Change in prices in 12-month period: 7.4 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.8 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 3.3 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 16

Denmark, which has a per capita income of $37,657, saw 7.4 per cent increase in house prices.

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Israel

Change in prices in 12-month period: 7.4 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 2.2 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 2.4 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 17

Israel, which has a per capita income of $34,875, saw 7.4 per cent increase in house prices.

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Iceland

Change in prices in 12-month period: 6.0 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 5.2 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.8 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 18

Iceland, which has a per capita income of $39,223, saw 6.0 per cent increase in house prices.

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India

Change in prices in 12-month period: 5.9 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: -0.1 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: -1.7 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 19

India, which has a per capita income of $3,991, saw 5.9 per cent increase in house prices.

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Russia

Change in prices in 12-month period: 5.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 2.4 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.3 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 20

Russia, which has a per capita income of $18,083, saw 5.2 per cent increase in house prices.

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Austria

Change in prices in 12-month period: 5.0 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 3.5 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.6 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 21

Austria, which has a per capita income of $42,408, saw 5.0 per cent increase in house prices.

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Luxembourg

Change in prices in 12-month period: 4.9 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.5 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.2 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 22

Luxembourg, which has a per capita income of $79,785, saw 4.9 per cent increase in house prices.

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Singapore

Change in prices in 12-month period: 4.6 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 2.0 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 0.6 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 23

Singapore, which has a per capita income of $61,046, saw 4.6 per cent increase in house prices.

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Mexico

Change in prices in 12-month period: 4.4 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 3.2 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 0.9 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 24

Mexico, which has a per capita income of $15,608, saw 4.4 per cent increase in house prices.

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United Kingdom

Change in prices in 12-month period: 4.3 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 4.8 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 2.2 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 25

United Kingdom, which has a per capita income of $37,299, saw 4.3 per cent increase in house prices.

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Ireland

Change in prices in 12-month period: 3.6 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 6.4 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 4.0 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 26

Ireland, which has a per capita income of $43,592, saw 3.6 per cent increase in house prices.

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Switzerland

Change in prices in 12-month period: 3.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 1.2 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 0.8 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 27

Switzerland, which has a per capita income of $45,999, saw 3.2 per cent increase in house prices.

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Sweden

Change in prices in 12-month period: 3.2 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 3.2 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: 1.6 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 28

Sweden, which has a per capita income of $40,870, saw 3.2 per cent increase in house prices.

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Norway

Change in prices in 12-month period: 2.9 per cent in Q3 2012-Q3 2013

Change in prices in 6-month period: 0.8 per cent in Q1 2013-Q3 2013

Change in prices in 3-month period: -1.8 per cent in Q2 2013-Q3 2013

Overall rank in change in residential property prices: 29

Norway, which has a per capita income of $55,398, saw 2.9 per cent increase in house prices.