info@ceoworld.biz
Friday, March 29, 2024
CEOWORLD magazine - Latest - Stats Gate - These are the top 50 global cities with the fastest-growing home prices in 2019

Stats Gate

These are the top 50 global cities with the fastest-growing home prices in 2019

The Hungarian capital of Budapest has been recognized as the global city with the fastest-growing home prices in 2019, according to a new report by Shanghai-based Hurun, while Dali City in the southwestern province of Yunnan and the north-central city of Xian placed second and third, respectively.

Home prices in the Hungarian capital of Budapest posted the biggest jump last year, rising by 21.8 percent. Six of the top ten cities are in mainland China, with the city of Dali in southwest China’s Yunnan province, leading the charge with a 20.2% rise in prices.

Interestingly, Hong Kong, famous for its exorbitant property prices, has fallen off the annual list of the top 50 cities ranked by the rate at which their house prices are increasing.

Last year, Hong Kong was in 6th place after prices soared by 13.3%, but it is nowhere to be seen on the Index. The report said Hong Kong’s home prices gained 4.7% last year, has soared 13.3% in 2018 and 13.1% in 2017. Now in its seventh edition, Global House Price Index lists the 50 cities with the highest house price changes in the 12 months to December 31, 2019.

The Top 50 cities are from 22 countries, of which China led with 27, an increase of 5 over the same period last year; followed by Switzerland and Greece, with 2 each; Japan, Russia, Netherlands, Canada, Germany, France, Italy, Luxembourg, Austria, Hungary, Poland, Colombia, Croatia, Slovakia, Estonia, South Africa, New Zealand, Thailand and India each had 1 city make the list.

European cities that made the Top 50: Budapest, Saint Petersburg, Warsaw, Athens, Luxembourg, Lyon, Geneva, Bratislava, Luzern, Utrecht, Tallinn, Hamburg, Milan, Thessaloniki, and Vienna.

Top 50 global cities with the fastest-growing home prices in 2019

RankCityCountry2019 Growth rate of house price (12 months to 31 December 2019)
1BudapestHungary21.8%
2DaliChina20.2%
3XianChina19.7%
4HohhotChina18.5%
5GuiyangChina15.5%
6ZagrebCroatia14.5%
7Saint PetersburgRussia14.2%
8ShijiazhuangChina13.9%
9KunmingChina13.6%
10WarsawPoland13.1%
10HokkaidoJapan13.1%
12HaikouChina12.8%
13HarbinChina12.0%
13WuhanChina12.0%
15AthensGreece11.9%
16ChengduChina11.8%
17LuxembourgLuxembourg11.3%
18LyonFrance11.2%
19GenevaSwitzerland11.0%
19DalianChina11.0%
21JinanChina10.4%
22ShenyangChina10.3%
23BratislavaSlovakia10.2%
24ChongqingChina10.1%
25LuzernSwitzerland10.0%
25NanningChina10.0%
27ChangchunChina9.8%
28QingdaoChina9.5%
29GuilinChina9.3%
29SanyaChina9.3%
31Cape TownSouth Africa9.1%
32HyderabadIndia9.0%
32TaiyuanChina9.0%
34GuangzhouChina8.6%
35UtrechtNetherlands8.5%
36BogotaColumbia8.2%
37LanzhouChina8.1%
38TallinnEstonia8.0%
39HamburgGermany7.8%
40MilanItaly7.8%
41WuxiChina7.7%
41ThessalonikiGreece7.7%
43ViennaAustria7.6%
44FuzhouChina7.5%
45Ottawa-GatineauCanada7.4%
46WellingtonNew Zealand7.3%
46ChangshaChina7.3%
46NanchangChina7.3%
49PhuketThailand7.0%
50NingboChina6.9%

Have you read?

Antigua and Barbuda Citizenship by Investment Program (CIP), St. Lucia CIP: Saint Lucia Citizenship By Investment Program, Vanuatu CIP: Vanuatu Citizenship By Investment Program, Montenegro Citizenship By Investment Program (CIP), Moldova CIP: Moldova Citizenship By Investment Program, Turkey CIP: Turkey Citizenship By Investment Program, Portugal Golden Visa Program


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.


Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
CEOWORLD magazine - Latest - Stats Gate - These are the top 50 global cities with the fastest-growing home prices in 2019
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.