The Real Deal New York

The top 10 countries with the biggest property price gains in 2017

Spoiler: the U.S. didn't make the cut
March 03, 2018 01:00PM

Reykjavik, Iceland. (Credit: Pixabay)

Where in the world is the best seller’s market? Not here in America.

Residential property prices worldwide saw gains by an average of 4.6 percent around the globe last year, but growth was less than in 2016 when gains went up by 5.3 percent and the cities who are celebrating the most are mainly overseas in Europe, according to Mansion Global.

Notably, the data, based on Knight Frank’s Global House Price Index, shows a decreasing gap between housing markets compared to previous years.

Here’s a look at the top 10 housing markets that saw prices grow the most in 2017.


Reykjavik, Iceland. (Credit: Pixabay)

Hong Kong

Hong Kong. (Credit: Flickr Loïc Lagarde)

Czech Republic

Prague. (Credit: Pixabay)


Dublin (Credit: Bartkowski/Shutterstock)


Istanbul. (Credit: Pixabay)


Belgrade. (Credit: Max Pixel)


Budapest. (Credit: Pixabay)


Riga. (Credit: Pixabay)


Sofia. (Credit: Boby Dimitrov)


Vancouver. (Credit: Solstag)

[Mansion Global]Erin Hudson