20 Countries Where Home Prices Are Rising

Photo: Karin Slade | The Image Bank | Getty Images || Note: Annual Change is for Q1 2009-Q1 2010; Six months is for  Q3 2009-Q1 2010; Quarterly change is Q4 2009-Q1 2010 Despite continued worries about the global economy, home prices are rising in more than half of countries across the globe, according to the Knight Frank Global House Price Index for Q1 2009 through Q1 2010.The Asia Pacific region saw the strongest growth with prices increasing, on average, by 17.8 percent. Meanwhile, Ukraine and the Baltic States rank at the bottom with annual price declines of more than 30 percent.While average home prices for rural parts of emerging markets are harder to come by, figures for prime real estate markets across the top 20 nations help draw comparisons.So which countries saw the strongest gains in home prices? Click ahead to find out!By Natalie Erlich, CNBC.comPosted 19 July 2010

Photo: Karin Slade | The Image Bank |  Getty Images|| Source: Knight Frank Residential Research & GlobalPropertyGuide.com || *1,291/sq. ft. condo Annual change: +3.3% Six month change: +0.8% Quarterly change: -0.1%Avg. Home Prices in Prime Markets:Kuala Lumpur: $170,880*

Photo: Fraser Hall | Photographer's  Choice | Getty Images|| Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment || ** 1,615/sq. ft. villa Annual change: +3.85% Six month change: +2.4% Quarterly change: +0.3%Avg. Home Prices in Prime Markets:Lisboa: $341,760*Lisboa, Villa: $380,850

Photo: Walter  Bibikow | The Image Bank | Getty Images|| Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment || **1,615/sq. ft. house Annual change: +5.6% Six month change: +2.5% Quarterly change: +2.2%Avg. Home Prices in Prime Markets: Luxembourg: $2,222,400*Moselle: $513,450**Oesling: $350,100**

Photo: Amanda Hall | Robert Harding World Imagery | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment Annual change: +6.1% Six month change: +1.0% Quarterly change: +1.4%Avg. Home Prices in Prime Markets: Amsterdam: $503,400*The Hague: $402,000*

Photo: Peter Richardson | Robert Harding World Imagery | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment Annual change: +6.2% Six month change: +2.5% Quarterly change: +1.4%Avg. Home Prices in Prime Markets: Geneva: $855,360*Zurich: $511,680*

Photo: Ed Freeman | Photodisc | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment || **1,346/sq. ft. apartment Annual change: +6.8% Six month change: +1.1% Quarterly change: +0.5%Avg. Home Prices in Prime Markets:Christchurch: $371,640*Auckland: $501,375**

Photo: Jane Sweeney | The Image Bank | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment Annual change: +8.2% Six month change: +3.8% Quarterly change: +1.0%Avg. Home Prices in Prime Markets: Chico: $230,400*Santa Barbara: $202,560*Chapinero Alto: $175,080*

Annual change: +8.4% Six month change: +8.0% Quarterly change: NA Avg. Home Prices in Prime Markets: Bangalore: $88,920*South Mumbai: $1,231,800*New Delhi: $444,750**

Photo: James Emmerson | Robert Harding World Imagery | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment Annual change: +8.7% Six month change: +4.8%Quarterly change: +2.8%Avg. Home Prices in Prime Markets: Vienna: $440,640* Salburg: $297,480*

Photo: Andreas Stirnberg | The Image Bank | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment Annual change: +8.8% Six month change: +1.7%Quarterly change: +0.5%Avg. Home Prices in Prime Markets:Central London: $884,800*London, other luxurious areas: $1,194,240*

Photo: ZenShui | Alixe Minde | PhotoAlto Agency RF Collections | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment Annual change: +10.7% Six monthly change: +3.7% Quarterly change: +1.9% Avg. Home Prices in Prime Markets: Stockholm Center: $380,000* Sotckholm Suburb: $200,000*

Photo: Brian Lawrence | Photographer's Choice | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,076/sq. ft. apartment || **1,615/sq. ft. apartment Annual change: +10.8% Six month change: +3.4% Quarterly change: +3.4%Avg. Home Prices in Prime Markets: Oslo: $490,000*Bergen/Fjord: $340,000**

Photo: Lauri Rotko | Gorilla Creative Images | Getty Images|| Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment Annual change: +11.3% Six month change: +5.1% Quarterly change: +2.2%Avg. Home Prices in Prime Markets: Helsinki: $682,800*

Photo: Stuart Dee | The Image Bank | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment Annual change: +11.6% Six month change: +4.4% Quarterly change: +1.0%Avg. Home Prices in Prime Markets: Vancouver: $993,600*Toronto: $904,560*Montreal: $457,200*

Photo: Per-Anders Pettersson | Getty Images|| Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. apartment Annual change: +11.8% Six month change: +7.2%Quarterly change: +3.8%Avg. Home Prices in Prime Markets:Cape Town: $524,400*

Photo: Jon Hicks | Photographer's Choice | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,291/sq. ft. apartment Annual change: +15.9% Six monthly change: +6.3% Quarterly change: +2.2%Avg. Home Prices in Prime Markets: Tel Aviv-Yafo: $696,640*

Photo: Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,076/sq. ft. apartment Annual change: +20.0% Six month change: +10.2%Quarterly change: +4.8%Avg. Home Prices in Prime Markets: Sydney: $696,000*

Photo: Grant Faith | Photographer's Choice RF | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com ||*1,291/sq. ft. center condo Annual change: +24.3% Six monthly change: +12.5% Quarterly change: +4.9%Avg. Home Prices in Prime Markets: Singapore, Center Condo: $1,358,880*

Photo: Mike Clarke | AFP | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com || *1,291/sq. ft. luxury apartment || **2,153/sq. ft. apartment Annual change: +30.6% Six month change: +10.3%Quarterly change: +6.2%Avg. Home Prices in Prime Markets:Kowloon Tong: $1,931,640*Hong Kong Island: $2,222,400*The Peak: $5,745,600**

Photo: Franko Lee | AFP | Getty Images || Source: Knight Frank Residential Research & GlobalPropertyGuide.com|| *1,292/sq. ft. apartment` Annual change: +68.0% Six month change: NA Quarterly change: NAAvg. Home Prices in Prime Markets:Chengdu: $142,200*Beijing: $568,320* Shanghai: $653,880*

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