Contact Niki Higgins | +1.954.817.2500 |

Have a question? We are here to help. | TF: +1.888.242.4422 | Cell: +1.954.817.2500 | Email Us

Top Ten Countries with the Largest Residential Real Estate Price Gains in 2017

March 5, 2018

Knight Frank released their 2017 4th quarter Global House Price Index, tracking the performance of over 50 mainstream International housing markets around the world. The index is compiled on a quarterly basis using official government statistics or central bank data where available. The index noted residential real estate property prices worldwide went up by an average of 4.6 percent.

The latest house price rankings provide a glimpse as to where the world’s housing markets are in relation to their property market cycles, as the era of economic stimulus comes to a close and rate rises occupy the minds of policymakers in several key western markets.

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

1. Iceland - 15.0% growth from previous year
2. Hong Kong - 13.7% growth from previous year
3. Czech Republic - 12.3% growth from previous year
4. Ireland - 12.3% growth from previous year
5. Turkey - 11.2% growth from previous year
6. Serbia - 11.0% growth from previous year
7. Hungary - 10.0% growth from previous year
8. Latvia - 9.5% growth from previous year
9. Bulgaria - 9.0% growth from previous year
10. Canada - 8.9% growth from previous year

The United States ranked 19th on the Global Price Index with 6.3% growth from the previous year.

Award-winning broker, Niki Higgins is an official Douglas Elliman/Knight Frank Residential Global Agent. Contact her today to discuss your luxury real estate market and your buying and selling options.

Source: Knight Frank

Share this post

All information displayed on this website is subject to errors, omissions, prior sale or withdrawal without notice.

All text, images, graphics, and other materials on this website are subject to copyright and other intellectual property rights of Seaside Properties Group at Douglas Elliman unless otherwise stated. These materials may not be reproduced, distributed of reposted to print or other websites without the express written permission of Seaside Properties Group at Douglas Elliman


All contents © Copyright 2018 Seaside Properties Group at Douglas Elliman. All rights reserved in All Countries.