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

Spoiler: the U.S. didn't make the cut

New York Weekend Edition /
Mar.March 03, 2018 01:00 PM

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.

Iceland

Reykjavik, Iceland. (Credit: Pixabay)

Hong Kong

Hong Kong. (Credit: Flickr Loïc Lagarde)

Czech Republic

Prague. (Credit: Pixabay)

Ireland

Dublin (Credit: Bartkowski/Shutterstock)

Turkey

Istanbul. (Credit: Pixabay)

Serbia

Belgrade. (Credit: Max Pixel)

Hungary

Budapest. (Credit: Pixabay)

Latvia

Riga. (Credit: Pixabay)

Bulgaria

Sofia. (Credit: Boby Dimitrov)

Canada

Vancouver. (Credit: Solstag)

[Mansion Global]Erin Hudson


Related Articles

arrow_forward_ios
Yue-Sai Kan and 6 Sutton Square (Getty; Google Maps)

Sutton Square townhouse listed by “China’s Oprah” for $28M

Sutton Square townhouse listed by “China’s Oprah” for $28M
President Donald Trump (Getty)

Realtor groups sue to block federal eviction ban

Realtor groups sue to block federal eviction ban
(iStock)

Mortgage applications skyrocket in holiday week

Mortgage applications skyrocket in holiday week
(iStock)

Manhattan market’s “steady upward slog” persists as suburbs and Brooklyn see gains

Manhattan market’s “steady upward slog” persists as suburbs and Brooklyn see gains
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Residential construction accounted for 44% of spending in October. (iStock)

Housing drives rise in construction spending October

Housing drives rise in construction spending October
1616 President Street in Crown Heights (Google Maps; iStock)

Crown Heights renters protest New York’s “worst landlord”

Crown Heights renters protest New York’s “worst landlord”
48 Willow Place and 568 First Street in Brooklyn (Google Maps, Unsplash)

Brooklyn sees $49M in luxury contracts signed during holiday week

Brooklyn sees $49M in luxury contracts signed during holiday week
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...