The 10 hottest property markets in the world

New homes in Turkey
New homes in Turkey

Europe’s property markets are surging. The Global Property Guide has compiled and analyzed the property price performance of the world’s big economies.

We have put together a list of the top 10 markets based on year-over-year, inflation-adjusted price performance as of the fourth quarter of 2014.

The chart accompanying each slide shows the year-over-year percentage change in house prices, with markets ranked from the least to most quickly appreciating.

south-africa 10. South Africa

Home prices in South Africa rose 8.10% year-over-year, which was more than 2013’s increase of 3.91%.

Prices rose 1.95% from the previous quarter.

Source: Global Property Guide

 

uk-nationwide 9. UK (Nationwide)

Home prices in the UK rose 8.34% year-over-year, which was more than 2013’s increase of 7.07%.

Prices rose 0.10% from the previous quarter.

Source: Global Property Guide

 

israel8. Israel

Home prices in Israel rose 8.45% year-over-year, which was more than 2013’s increase of 7.38%.

Prices rose 2.01% from the previous quarter.

Source: Global Property Guide
sweden7. Sweden

Home prices in Sweden rose 8.57% year-over-year, which was more than 2013’s increase of 3.90%.

Prices rose 1.16% from the previous quarter.

Source: Global Property Guide

 

japan--tokyo6. Japan — Tokyo

Home prices in Japan rose 10.92% year-over-year, which was more than 2013’s increase of 5.58%.

Prices rose 5.75% from the previous quarter.

Source: Global Property Guide

Sign Up for the undefined Newsletter

 

estonia-tallinn5. Estonia (Tallinn)

Home prices in Estonia rose 12.09% year-over-year, which was less than 2013’s increase of 18.24%.

Prices rose 2.47% from the previous quarter.

Source: Global Property Guide

hong-kong4. Hong Kong

Home prices in Hong Kong rose 13.26% year-over-year, which was more than 2013’s increase of 7.69%.

Prices rose 4.24% from the previous quarter.

Source: Global Property Guide

 

ireland3. Ireland

Home prices in Ireland rose 16.29% year-over-year, which was more than 2013’s increase of 6.38%.

Prices rose 3.83% from the previous quarter.

Source: Global Property Guide

 

uae--dubai2. UAE — Dubai

Home prices in Dubai rose 16.48% year-over-year, which was less than 2013’s increase of 23.79%.

Prices fell 0.88% from the previous quarter.

Source: Global Property Guide

 

turkey1. Turkey

Home prices in Turkey rose 16.89% year-over-year, which was more than 2013’s increase of 13.61%.

Prices rose 3.83% from the previous quarter.

Source: Global Property Guide