Revealed: 10 Nations Where Property Prices Fallen And Risen The Most - Page 2

Revealed: 10 Nations Where Property Prices Fallen And Risen The Most

By siliconindia   |   Monday, September 9, 2013   |    2 Comments

3) Canada

Overall rank in housing prices: 3

The North American country Canada, which has the 11th largest economy in the world, has seen price appreciation around 85.5 percent from 2000 to 2012. Over the past few years, the housing market of Canada is witnessing robust growth. The country’s prime property market, Vancouver is a hottest property destination for foreign buyers, as the place is one among the world’s most sought after places to live. In the third quarter of 2011, Vancouver has witnessed property price escalation by 10.4 percent, says Knight Frank.

4) France

Overall rank in housing prices: 6

One among the hottest real estate market in the world, France is an expensive location to buy property. It has the second-largest exclusive economic zone in the world. The real estate market here continues to flourish because of stable economic growth. Moreover, the tax charge on rental income is low for foreign nationals. With friendly property laws and more number of luxury apartments and mansions, France becomes one of the most attractive cities to buy property and witnessed around 77.9 percent appreciation from 2000 to 2012.

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