Turkey tops global house price index despite turmoil

Prices have risen 18.9% over the past 12 months, according to Knight Frank, but 2016 should see reduced pressures on markets across the world

It's a country with a war raging on its borders, embroiled in a conflict with Russia, and fighting terrorism on its own soil. Yet Turkey also has the fastest rising house prices in the world, according to figures from global estate agents Knight Frank.

Prices in Turkey are up 18.9% over the past year, compared to the 2.7% global average. Ukraine, whose economy has been devastated amid the ongoing dispute with Russia, saw the biggest price falls, down 14.8%.