
(NBD) Sept. 4 -- Eastern China's Wuxi boasts the fastest growth in housing prices across China, followed by Hong Kong and Zhengzhou, according to a latest report released by the Hurun Research Institute.
The report highlights growth in global home prices in the 12 months to June 30 this year. Of top 50 cities around the globe under the spotlight of the report, six Chinese cities made on the top 10. The top 50 cities are from 12 countries, with 21 cities from China, 7 from the U.S., 6 from Germany, 4 from Canada, 3 from Australia and 2 from Ireland and New Zealand,respectively, and one each from Netherlands, Iceland, Portugal,Korea and Turkey.
Wuxi, Estern China's Jiangsu province Jiangsu in Western China tops 3rd in the world with house prices rising 22.9% and becomes the fastest growing housing market in China. Followed by Zhengzhou, Hong Kong ranks 4th with a house price rise of 20.8%, Changsha ranking 7th and 8th for Guangzhou.
Hurun Research Institute also released a seperate report "Hurun China HNWI Global Property ROI 2017 Half-Year", in which Toronto won the first place with a Global Property ROI of 32.4%. Wellington and Seoul respectively ranked second and third in the list. The USA has the most 18 cities among the top 50 cities in the list.
Email: zhanglingxiao@nbd.com.cn