Turkey is a world leader in property price growth

The Global Property Guide has made a research and analyzed the annual increase of real estate price in 2014 all over the world. According to the international report Turkey leads the annual gain of properties.

 Turkey leads the list especially with the properties in Istanbul and their market growth and value.

Global Property Guide analyzes the performance of the world's largest economy countries with its real estate prices that are listed as the fastest and slowest valued markets.



According to the annual increase of property prices in the fourth quarter of 2014 Turkey leads the list. Here is the list of 10 world's fastest growing real estate markets:



1. TURKEY



Home prices in Turkey rose 16.89% year-over-year, which was more than 2013’s increase of 13.61%.
Prices rose 3.83% from the previous quarter.



2. UNITED ARAB EMIRATES - DUBAI



Increase in property prices in Dubai is 16.48% for the previous year.
The prices fell 0.88 percent on a quarterly basis.



3. IRELAND

Home prices in Ireland rose 16.29% year-over-year, which was more than 2013’s increase of 6.38%.
Prices rose 3.83% from the previous quarter.



4. HONG KONG

Home prices in Hong Kong rose 13.26% year-over-year, which was more than 2013’s increase of 7.69%.
Prices rose 4.24% from the previous quarter.



5. ESTONIA

Home prices in Estonia rose 12.09% year-over-year, which was less than 2013’s increase of 18.24%.
Prices rose 2.47% from the previous quarter.



6. JAPAN -TOKYO

Home prices in Japan rose 10.92% year-over-year, which was more than 2013’s increase of 5.58%.
Prices rose 5.75% from the previous quarter.



7. SWEDEN

Home prices in Sweden rose 8.57% year-over-year, which was more than 2013’s increase of 3.90%.
Prices rose 1.16% from the previous quarter.



8. ISRAEL

Home prices in Israel rose 8.45% year-over-year, which was more than 2013’s increase of 7.38%.
Prices rose 2.01% from the previous quarter.



9. UNITED KINGDOM

Home prices in the UK rose 8.34% year-over-year, which was more than 2013’s increase of 7.07%.
Prices rose 0.10% from the previous quarter.



10. SOUTH AFRICA



Home prices in South Africa rose 8.10% year-over-year, which was more than 2013’s increase of 3.91%.
Prices rose 1.95% from the previous quarter.