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10 Best Real Estate Markets in the World

As quoted from Forbes, Monday (1/20/2014), housing prices in a number of regions increased sharply in the space of 12 months. One of them is Austria which offers many luxurious and magnificent residential properties.
The country is also known as the most expensive real estate market in the European region. No wonder, the prices of a number of housing estates in the Austrian region increased by 10.1{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in just one year.
Meanwhile, unable to compete with Hong Kong which is ranked first in the order of the most expensive real estate market in the world, China is only ranked 8th. Nevertheless, housing prices in the Bamboo Curtain Country also increased by about 20{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in December 2012.

  1. Hong Kong
    The high demand for residential properties in Hong Kong makes the area the best real esate buying and selling location in the world. Housing prices jumped by 23.6{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} last year. The three-bedroom, 1,800-square-foot home can be owned for $4.7 million.
  2. Dubai
    The most expensive city in the world also consists of various luxury residential properties inside. Meanwhile, house prices rose by 19{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in 2012. To acquire a three-bedroom apartment with an area of 1,980 square feet, you have to pay up to more than US$ 843 thousand.
  3. Brazil
    Brazilians were forced to experience a 13.7{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} increase in house prices. Of course, the price of Ipanema luxury building can make you astonished for US$ 22 million.
  4. Turkey
    Housing in Turkey rose by 10.5{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in 2012. You can enjoy the comfort of living in Turkey by paying US$ 183 thousand for a 1,500 square foot house.
  5. Moscow
    Prices of various real estate increased 10.2{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in 2012. The 1,800-square-foot, two-bedroom moscow home is priced at $3.5 million.
  6. Austria
    The selling value of home purchases in Austria increased by 10.1{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} making the country the most expensive real estate market in the European region. Lovers of skyscrapers can own one of the highest residential properties at a price of about US$ 653 thousand.
  7. Taiwan
    The increase in residential property prices in Taiwan occurred by 9.7{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a}. A 2,600-square-foot four-room mini apartment in Taiwan cost US$17 million.
  8. China
    In Shanghai, property prices increased 20{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in December 2013 the same as the same period a year ago. China’s efforts to depress its soaring property prices do not appear to have shown any improvement.
  9. India
    Indian housing prices rose 8.5{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} in 2012. A three-room residential property on 1,440 square feet in the East Adheri district can be pegged at US$423,000.
  10. Kolombia
    The entire region in Colombia experienced an 8.3{2bec80e7480490713329beb42450a3ed7b79e291f61d1e59c679eef6ad8bdb3a} increase in housing prices last year. A 1,100-square-foot apartment in Bocagranden in Cartegan will cost you $368,000.
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