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Click here to view our 2015 property research.

United States:

  • Median Home Price in 2016: $234,400
  • Median Home Price in 2015: $220,300
  • New Homes Sold Over 2016: 6,723,000
  • New Homes Sold Over 2015: 5,888,000
  • Rental Yield 2016: 4.4%
  • Rental Yield 2015: 6%

 

UK:

  • Median Home Price in 2016: £198,564
  • Median Home Price in 2015: £195,000
  • New Homes Sold Over 2016: ?
  • New Homes Sold Over 2015: 1,223,520
  • Rental Yield 2016: 4.4%
  • Rental Yield 2015: 3.6%

 

Spain:

  • Median Home Price in 2016: 4,409 € per square meter
  • Median Home Price in 2015: 1,638 € per square meter
  • New Homes Sold Over 2016: 457,689
  • New Homes Sold Over 2015: 314,442
  • Rental Yield 2016: 5%
  • Rental Yield 2015: 3.98%

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France:

  • Median Home Price in 2016: 8,199 € per square meter
  • Median Home Price in 2015: 3,639 € per square meter
  • New Homes Sold Over 2016: 852,480 (estimate)
  • New Homes Sold Over 2015: 740,000
  • Rental Yield 2016: 4.2%
  • Rental Yield 2015: 2.89%

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Italy:

  • Median Home Price in 2016: 6,800 € per square meter
  • Median Home Price in 2015: 5,930 € per square meter
  • New Homes Sold Over 2016: 445,000
  • New Homes Sold Over 2015: 207,000
  • Rental Yield 2016: 4.02%
  • Rental Yield 2015: 3.86%

 

Australia:

  • Median Home Price in 2016: A$ 623,000
  • Median Home Price in 2015: A$ 436,100
  • New Homes Sold Over 2016: 422,765
  • New Homes Sold Over 2015: 220,000
  • Rental Yield 2016: 5%
  • Rental Yield 2015: 4.39%

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Germany:

  • Median Home Price in 2016: 4,821 € per square meter (Munich example)
  • Median Home Price in 2015: 4,078 € per square meter (Munich example)
  • New Homes Sold Over 2016: 300,000
  • New Homes Sold Over 2015: 230,000
  • Rental Yield 2016: 2.9% (Munich example)
  • Rental Yield 2015: 3.7%

 

Ireland:

  • Median Home Price in 2016: €261,206
  • Median Home Price in 2015: €247,823
  • New Homes Sold Over 2016: 24,000 (properties sold in Ireland hit a 9-year low in 2016)
  • New Homes Sold Over 2015: 42,451
  • Rental Yield 2016: 8.7%
  • Rental Yield 2015: 7.5%

Cyprus:

  • Median Home Price in 2016: 1,800 € per square meter
  • Median Home Price in 2015: 1,790 € per square meter
  • New Homes Sold Over 2016: 5,500 (approximate)
  • New Homes Sold Over 2015: 5,952
  • Rental Yield 2016: 4%
  • Rental Yield 2015: 4.23%

Additional Information

Best Real Estate Blogs

 

What to Expect in Global Real Estate 2017

global2017 should be an interesting year for the global real estate market. While house sales are generally on the rise, specifically in metropolitan areas, the demand for immediate housing with growing populations cannot be met. For this reason, the demand on the housing market may actually turn home-seekers to renting over buying. This could drive up renting prices as availability becomes tighter.

Additionally, we are seeing a lot of political change on a global scale in recent months. This will undoubtedly impact the global housing market, and investors should take note. With Brexit well underway, the EU and the UK are both at risk for economic hardship depending on what trade negotiations take place. In the US, the recent election of President Donald Trump and a new conservative party could also mean political changes or uncertainty that will be reflected in the housing market, as well.

 

Where to Invest in 2017

Hangman's noose with money on brown wooden background2017 will bring many interesting changes to the global housing market. However, there is one clear country where a property investment would be a good move – Ireland. Property prices in Ireland are only rising a small percentage in comparison with other global housing markets, and their rental yield is rising at a shockingly fast rate. This translates to the best and fastest return on your rental property investment. Additionally, Ireland’s rental housing demand is consistently increasing as foreign investors clamor to buy up residential and commercial properties for rent. This opens up a lot of space for property investors to step in and make an excellent rental yield. However, in light of the recent Brexit vote, investors will need to watch carefully for any sudden changes in the market.

 

Additionally, France has remained a consistent contender in fair house pricing, excellent benefits for property investors, and a decent, consistent rental yield. Something is to be said for the consistency of their political situation, as well as the consistency of their housing market. Investors can do well to invest in safer options like this, even if the ROI isn’t as high.

 

Where Not to Invest in 2017

relax and take notesAgain, this is a clear choice – Germany. Although the housing demand that Germany is experiencing based on a dramatic influx of residents is notable, housing prices are rising to unreasonable highs. Additionally, the rental yield across different metropolitan areas is steadily decreasing as a result of the high housing costs and the country’s inability to meet the demand with new construction.

 

Things to Watch For in 2017

As we previously mentioned, there is bound to be some dramatic housing market shifts as a result in the equally dramatic political shifts happening globally. Investors should watch carefully if they’re opting to invest in politically turbulent locations. While the ROI may be high in these areas, such as Ireland, risks may outweigh the benefits. However, the benefits may be too great to pass up. Each investor must establish their own risk tolerance and do the research to uncover the best investment option for them.

 

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