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

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