Icelandic real estate prices rose by nearly 13% between September 2015 and September 2016. This is more than most other markets saw during the same period. According to a report prepared by Property Investor Today only two markets saw larger increases in real estate prices: Turkey and New Zealand.
Read more: Icelandic economy continues to boom: GDP grew by 10.2% in third quarter of 2016
Global house prices rose 5.5% during the 12 months. The fastest growth was recorded in Turkey, where house prices rose by 13.5%, followed by New Zealand where they rose by 13.5% and Iceland coming in third. The only other country which recorded double digit increases in real-estate prices was Canada, where prices rose by 11.7%.
Icelandic real estate prices rose by nearly 13% between September 2015 and September 2016. This is more than most other markets saw during the same period. According to a report prepared by Property Investor Today only two markets saw larger increases in real estate prices: Turkey and New Zealand.
Read more: Icelandic economy continues to boom: GDP grew by 10.2% in third quarter of 2016
Global house prices rose 5.5% during the 12 months. The fastest growth was recorded in Turkey, where house prices rose by 13.5%, followed by New Zealand where they rose by 13.5% and Iceland coming in third. The only other country which recorded double digit increases in real-estate prices was Canada, where prices rose by 11.7%.
