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Global home prices rise most since 2006

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Housing prices worldwide are growing at the fastest pace since 2006.

Average prices globally increased 7.3% for the 12-month period ending March 31, according to Knight Frank’s Global House Price Index report.

Turkey topped the list with 32% growth, followed by New Zealand at 22.1%. The United States, at No. 5, posted a 13.2% jump.

Read more from Bloomberg.

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