World property markets improving with Northern Scandanavia recovery most advanced, new report shows

[Nicholas Wallwork]

Global residential property markets are showing*signs of recovery with values increasing in almost half of the*countries reporting prices, according to a new survey of*prices in 33 key locations.

Israel remains the top performer over a 12 month period with*prices increasing 12.5% while Dubai emerges as the worst with*the largest annual and quarterly declines at 47% and 7.5%*respectively, the report from international property*consultants Knight Frank shows.

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