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

5) Australia

Overall rank in housing prices: 7

One of the wealthiest and a highly developed country, Australia saw around 75 percent growth in property prices in the past 12 years. The country is witnessing major revival in property prices, mainly in Sydney. It is one of the largest and the most sought after city in Australia to buy a luxury property. As the financial hub of Australia, Sydney has grown to become a flourishing city and frequently ranks highly in various world cities rankings.

6) Britain

Overall rank in housing prices: 9

Britain being one of the largest financial centres in the world, is observing higher revival in property prices, particularly in London. Besides its fastest growing nature, London is one the favorite hotspot for luxury property buyers. After the formation of new government, the interest rates on property have got little relaxation that attracts potential buyers to buy property. Moreover, the rent on properties can be agreed freely by both the landlords and the tenants. Besides, Britain has seen around 56 percent increases in property prices in the past 12 years.

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