Instant Alert: The 19 hottest housing markets in the world

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   The 19 hottest housing markets in the world by Akin Oyedele on Jul 3, 2017, 10:15 AM Advertisement Canada and parts of Europe are bucking a slowdown in global house prices.  The Global Property Guide, a database of home prices, said in its first-quarter report that the softening was poised to continue in most places. Iceland and Ireland led the surge in house prices on the continent amid strong economic growth, while Canada was in a housing boom that some economists have called an outright bubble. We ranked the 19 markets that saw the greatest inflation-adjusted year-over-year price growth in the first quarter from the least to the most. Here they are:  19. US Home prices in the United States rose 3.37% year-over-year in Q1 2017, less than the increase in 2016 by 4.87%, according to the Federal Housing Finance Agency. Prices rose by 0.6% from the previous quarter. Source: Global Property Guide 18. Vilnius, Lithuania Home prices in Vilnius, Lithuania's capital, rose 3.56% year-over-year in Q1 2017, unchanged from 2016. Prices fell by 0.46% from the previous quarter. Source: Global Property Guide 17. Portugal Home prices in Portugal rose 4.18% year-over-year in Q1 2017, more than the 2016 increase of 3.18%. Prices fell by 0.28% from the previous quarter. Source: Global Property Guide See the rest of the story at Business Insider   Share the latest business news with your network:    Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011