Property
Global house prices increase by 4.6 per cent
9 years agoA picture taken on February 11, 2018, shows the 75-storey Gevora Hotel (C), which stands 356 metres or nearly a quarter of a mile tall, in the Gulf metropolis of Dubai. Gulf metropolis Dubai, on its never-ending quest to break records, announced the opening of the "world's new tallest hotel" Sunday, pipping another towering landmark in the city for the title. / AFP PHOTO / KARIM SAHIB
House prices worldwide increased by 4.6per cent in 2017, led by Iceland and Hong Kong, but their rate of growth has slowed while European housing markets are rising up the rankings, the latest global index shows.