The Global Property Guide portal has published a ranking of housing price growth for the second quarter of 2024, in which the Dubai market ranked second with 16.75%. The ranking accounted for the inflation rate in each country. A total of 74 jurisdictions participated in the analysis.
Top 10 rankings:
- Egypt +16.74%;
- UAE (Dubai) +16.75%;
- Montenegro +16.59%;
- Israel +12.94%;
- Georgia +12.49%;
- Bulgaria +12.30%;
- Poland (Warsaw) +11.61%;
- Hungary +9.86%;
- Russia +9.81%;
- Taiwan +9.21%.
The largest annual decrease in prices, adjusted for inflation, was recorded in the following countries:
- Argentina (Buenos Aires) -71.61%;
- Jamaica -16.12%;
- Turkey -14.69%;
- Hong Kong (China) -14.12%;
- Macau (China) -13.62%;
- Luxembourg -13.43%.
