In 2015 Russia moved from 31st to 43rd place in the world as far as rates of housing price growth are concerned.
This was claimed in a report published by the Knight Frank company. The rates of housing price growth in Russia from the third quarter of 2014 to the third quarter of 2015 was 1.2%. A year ago this was 2.3%, so an almost two-fold decrease has taken place.
As for other countries, the rates of housing price growth in Turkey was 18.9%, in Hong Kong 16.7%, in New Zealand 12.6%, in Sweden 11.1%, in Luxemburg 10.1%, and in Norway and Denmark 6.1% and 6%.