Home prices may be slipping in the U.S., but they’re booming in some other nations. The Knight Frank Global House Price Index measures the performance of residential real estate markets around the world. According to the firm’s June report, these 10 countries saw the greatest increase in housing prices in the one-year period that ended in the first quarter of 2012.
10. Canada According to the Knight Frank Global House Price Index, Canada saw a 6.8 percent increase in its housing prices for the 12-month period ended March 2012. Here, townhouses face the waterfront at the Dockside Green residential development in Victoria, British Columbia. Enrico Dagostini/Bloomberg