DAILY REAL ESTATE NEWS | WEDNESDAY, SEPTEMBER 16, 2015
In a survey of 14 countries, the United States emerged on top as the hottest market for global residential property, according to real estate advisors Savills. Savills researchers analyzed factors like population growth, rising wealth, and limited housing supply to rank the top picks for investors worldwide and which markets offer the potential for the highest price increases over the next five years.
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The United States showed the most promise for highest returns for investors. Home prices are up about 30 percent from their 2009 downturn, according to the company. The survey singled out San Francisco, in particular, as having one of the highest growth potentials, ahead of New York, Los Angeles, and Miami.
According to Savills researchers, here are the countries that ranked the highest as having the most promise worldwide for residential investors:
Source: “Top 5 Housing Markets for Global Investors,” CNNMoney (Sept. 15, 2015)