THE SEVEN BEST

Canada among 7 best housing markets in the world
Mamta Badkar
Business Insider Sep 5, 2012

While much of the world is seeing home prices depreciate, there are a few countries where home prices are on the rise.Canada ranked among Germany, Switzerland and Hong Kong in the top 7 housing markets.

Global Property Guide’s latest report shows, however, that even the strongest housing markets are losing momentum as the economy falters.

Of the 39 countries tracked by GPG quarterly house prices fell in 25 countries and climbed in just 13.

We published the worst housing markets Tuesday, and today we’ve highlighted the 7 best housing markets in the world, based on year-over-year home price changes.

Canada ranked among Switzerland, Germany, Hong Kong in the top 7.

Home prices in Hong Kong were up 3.01 percent year-over-year (YoY) and 6.85 percent quarter-over-quarter (QoQ) in Q2 2012

Home prices in Canada were up 4.06% YoY and 1.59% QoQ in Q2 2012

Home prices in Switzerland were up 4.86 percent YoY but down 0.54 percent QoQ in Q2 2012

Home prices in Germany were up 5.24 percent YoY but down 2.02 percent QoQ in Q2 2012



Home prices in Delhi, India were up 6.23 percent YoY nut down 1.09 percent QoQ in Q2 2012

Home prices in Norway were up 6.26 percent YoY and up 2.98 percent QoQ in Q2 2012



Home prices in Sao Paulo, Brazil were up 15.56 percent YoY and 2.38 percent QoQ in Q2 2012

Photo By: cityNnature