Skip to main content
BBC NEWS / BUSINESS
Graphics VersionBBC Sport Home
News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

Monday, 7 January 2008, 16:22 GMT

Bulgaria tops house price league

The Alexander Nevski cathedral in the Bulgarian capital Sofia As the US housing market hit the buffers and most of Europe slowed, Bulgaria topped the table for house price growth in 2007.

Figures to the end of September showed Bulgarian house prices rose by 30.6%.

Bulgaria pipped the Chinese city of Shanghai, which saw 27.9% growth in the first 10 months of 2007.

The UK's 9.7% growth put it at 14th in the Global Property Guide list, compiled using the latest available figures from 42 countries.

HOUSE PRICE GROWTH

Source: Global Property Guide

Depending on which measure is taken, US house prices fell 5.1% or 3.5% or rose 1.8%.

The first of those measures puts the US at the bottom of the list while the second means it is slightly better than Ireland, where prices fell by 4.7%.

The figures are taken in local currency terms without adjusting for inflation.

When inflation is taken into account, Singapore comes out on top.



E-mail this to a friend

RELATED INTERNET LINKS
Global Property Guide
The BBC is not responsible for the content of external internet sites



SEARCH BBC NEWS: 

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

NewsWatch | Notes | Contact us | About BBC News | Profiles | History

^ Back to top | BBC Sport Home | BBC Homepage | Contact us | Help | ©