The annual Global House Price Index study has finally arrived, in which the growth in property prices in different cities around the world is analyzed. In total, 50 cities from different countries took part in the study. Below we describe the 10 cities in which real estate prices have increased the most over the year 2018.

1. Berlin, Germany

Berlin is the capital and largest city of Germany, the second most populous city and the fifth largest city in the European Union. Today, Berlin is a world cultural center. This is a major European transport hub and one of the most visited cities on the continent.

2. Las Vegas, United States

Las Vegas is a city in the western United States, in the state of Nevada, the administrative center of the southernmost state in Clark County. Las Vegas is one of the world’s largest entertainment and gambling centers. Numerous casinos, hotels, daily concerts, and shows attract tourists from all over the world.

3. San Jose, USA

San Jose is a city in California, the third largest state in the state after Los Angeles. It is the self-named capital of Silicon Valley. Here is the headquarters of many companies working in the field of information technology, including Cisco Systems, Adobe Systems, BEA Systems, and eBay.

4. Guiyang, China

Guiyang is an urban district in the province of Guizhou, China, the administrative center of the province. The city concentrates the cultural, economic, and political life of the region.

5. Hong Kong, China

The economy of the territory is based on a free market, low taxation, and non-interference of the state in the economy. Hong Kong is an important center for international finance and commerce, and the concentration of headquarters is the highest in the Asia-Pacific region.

6. Kunming, China

Kunming is a city district in Yunnan Province in southwest China, the provincial capital. An important place in the economy is taken by the mining industry, which thrives on the wealth of the subsoil around the city. The growth in property prices in 2018 was 14.2%.

7. Haikou, China

Haikou is a city district on the island of Hainan, the seat of the authorities of the eponymous province of China. Here, property prices for the year increased by 14.3%.

8. Xi’an, China

Xi’an is a city in the province of Shaanxi (PRC), the seat of the provincial government. Since 1990 Xi’an has become an important center of culture, education, and industry. Real estate prices in the city grew by 14.6% over the year.

9. Budapest, Hungary

Budapest is the capital of Hungary and the largest city in the country. In Budapest, there are 26 baths. The largest are Sichényi, Gellert, Kiriy, and Rudash. The Danube River, one of the main waterways of Europe, flows through Budapest. The river is navigated. On the island of Chepel, there is a commercial port.

10. Phnom Penh, Cambodia

Phnom Penh is the capital of Cambodia, a city of central subordination, is located on the Tonle Sap River. Now Phnom Penh is gradually being reborn and settling down, roads are being put in order, and modern shopping centers and hotels are opening.