Global house prices ‘almost back up to where they were at the start of 2007’

Knight Frank's Global House Price Index increased by 2.7% in the year to September 2015, as five of the 55 tracked countries posted double-digit growth and the pace of China's decline slowed.

The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters.

A new report into the buying, holding and selling costs for foreign buyers of prime resi in fifteen of the world's top cities has picked out Monaco as the one offering the lowest taxation, and Shanghai…