World's top 10 cities with fastest growth in home prices
2019-02-15
Phnom Penh's housing prices saw the fastest growth in the world last year, with a year-on-year rise of 16.7 percent, according to the Global House Price Index released by Hurun and Sweetome.
Chinese cities held 22 spots among the top 50 global cities in real estate price increases, two less than the previous year, the report said.
Xi'an, Northwest China's Shaanxi province, was the highest-ranking Chinese city with a year-on-year price rise of 14.6 percent. The city's global rank was No 3, after Budapest, capital of Hungary.
Among Chinese cities, Xi'an was followed by Haikou, capital of South China's Hainan province, ranked No 4 in the globe with prices up 14.3 percent; and then Kunming, capital of Southwest China's Yunnan province, ranked No 5 with an increase of 14.2 percent.
Let's take a look at the world's top 10 cities with the fastest growth in housing prices.
No 9 (tie) Berlin, Germany
The Brandenburg Gate in Berlin. [Photo/VCG]
No 9 (tie) Las Vegas, United States
A general view of the old Las Vegas Strip in Las Vegas, Nevada, US, Aug 27, 2018. [Photo/Agencies]
No 8 San Jose, United States
Outside view of the National Theater in San Jose, on January 16, 2019. [Photo/VCG]
No 7 Guiyang, China
Visitors read books at a bookstore in Guiyang city, Guizhou province, on Nov 4, 2018. [Photo/VCG]
No 6 Hong Kong, China
Tourists take photos with the skyline in the background on a Kowloon promenade that runs along Victoria Harbour in Hong Kong on Sept 26, 2017. [Photo/VCG]
No 5 Kunming, China
Tourists feed black-headed gulls at the Dianchi lake in Kunming, China's Yunnan province, Jan 13, 2018. [Photo/VCG]
No 4 Haikou, China
A real estate agent (left) answers queries from potential customers in Haikou, capital of Hainan province. [Photo by Xu Ersheng/for China Daily]
No 3 Xi'an, China
Aerial view of the Bell Tower, buildings and streets at night in Xi'an city, Northwest China's Shaanxi province, March 9, 2018. [Photo/IC]
No 2 Budapest, Hungary
A robot waiter serves customers at a cafe in Budapest, Hungary, Jan 24, 2019. [Photo/Agencies]
