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

9) Japan

Overall rank in housing prices: 18

A major economic powerhouse in the world, Japan witnessed around 30 percent fall in property prices in the last decade. As of 2012, Japan has the world’s third largest economy after the U.S. and China, in terms of nominal GDP and in purchasing power parity, the country is the fourth largest economy in the world, after the U.S., India and China. However, this economic powerhouse has a low unemployment rate of nearly 4 percent and housing is characterized by restricted supply of land in urban areas.

10) Germany

Overall rank in housing prices: 20

The economic powerhouse of Europe, Germany witnessed over 9 percent drop in property prices in the last 12 years. However, in terms of nominal GDP, it is the fourth largest economy in the world and the fifth-largest in terms of purchasing power parity. The country is one among the global leaders in several industrial and technological sectors.

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