Booming india leads world house price league

House prices in emerging market countries saw the biggest increases over the last ten years, while Britain’s housing market fared better than many other developed countries, research has revealed.

According to the Lloyds TSB International Global Housing Market Review, emerging economies accounted for four of the six top performing housing markets since 2001 – including the three countries that claim the top three spots.

India topped the table with house prices in the country increasing by a staggering 284 per cent once inflation is taken into account, since 2001.

This is equivalent to an average annual rise of 14 per cent.

Source: ThisIsMoney.co.uk