House price is also a measure of the level of economic development of a city. Which city in the world has the largest increase in house price? Where is the biggest increase in house prices in China? Let's get to know with Xiaobian.
The world's top ten cities with the strongest price rise
According to the latest data released by Knight Frank, house prices in Berlin, Germany, rose by 20.5% in 2017, ranking first in the world. The three main reasons for high house prices in Berlin are the surging population, rising rents and the influx of foreign investors.
Four cities in Germany
In the list of the top ten cities with the largest increase in house prices in 2017 released by Lafite, four cities in Germany are on the list. In addition to the capital Berlin, Hamburg, Munich and Frankfurt are all on the list. Among them, compared with 2016, Hamburg's house price increased by 14.1%, ranking seventh; Munich's house price increased by 13.8%, ranking eighth; Frankfurt's house price increased by 13.4%, ranking tenth.
Berlin is closely followed by Izmir, Turkey's coastal city, with house prices rising 18.5%. The third place was Reykjavik (16.6%).
Previously, in order to curb the sharp rise in house prices, the British Columbia government of Canada introduced a new deal on house prices in the province, especially in Vancouver, the capital city. The British Columbia government announced a 15% property transfer tax on foreign buyers (except Canadian citizens and permanent residents). The tax rate is eight times higher than before. The effect of the new deal is also very obvious, which has cooled the housing market in the fanatical Vancouver area. According to the data of lafun, although the price of Vancouver rose by 16% last year, it has dropped out of the top three and ranked fourth.
In addition, Hong Kong, China (14.8%), Budapest, Hungary (15.5%) and Rotterdam, the Netherlands (13.4%) are the top 10 cities in terms of price growth.
Due to the impact of brexit, the price increase in London, the capital of the UK, slowed down to just 2%, ranking 101st. Auckland, New Zealand, which was once hot, also ranked 99th with a growth rate of only 2.2% due to the government's price control measures.