Tag Archives: 5 Countries Where Housing Prices Are Soaring

Worldwide, real estate prices have made large gains over the last five years, which has raised fears in many countries about brewing housing bubbles. In the last five years, China alone has seen prices soar more than 110 percent. The sudden spike in home prices has led the government take several efforts to try to curtail the rapid growth, such as by limiting multiple home purchases, raising interest rates, and increasing bank reserve requirements. So where are the world’s hottest property markets? CNBC highlights the top five, basing its research […]