Broken up across the country, Portland, San Francisco and Denver continue to report the highest year over year gains among the 20 cities with another month of double
digit annual price increases.
Not exact matches
Dubai again achives the highest
annual property
price rise at 28.5 %, but significant
increases have also come in Taiwan, Indonesia, Turkey and Brazil Double -
digit property
price increases from emerging nations have helped global
prices rise 4.6 % on average in the last year to a new record.
In the first quarter of this year, 31 metro areas showed double -
digit annual increases in median existing - home
prices (from a year earlier), while eight posted small drops, NAR figures show.
At the same time, in super-hot coastal markets such as Boston and Los Angeles, where
annual price appreciation reached double
digits over the last few years,
increases are expected to ease to more sustainable, one -
digit gains.
«Nevertheless, over the long haul, property values in these urban centres should do well, but the average
annual price increase should be at a mid-single
digit rate.»
March was the 13th month in which the
annual median
price increased and the ninth consecutive month the
increase was in double
digits.