A recovering economy and low interest rates push up housing costs, pricing many people out of the market and prompting the fear of a housing bubble. Sound familiar? The same scenario is playing out worldwide. Runaway home prices are dogging regulators in countries from Singapore and Israel to Australia. In some countries – such as Canada and New Zealand – governments are trying to deflate the bubbles by making it tougher to lend money to buyers with small down payments. Here are some countries where housing is hot:
Discover content from The Globe and Mail that you might otherwise not have come across. Here we’ll provide you with fresh suggestions where we will continue to make even better ones as we get to know you better.
You can let us know if a suggestion is not to your liking by hitting the ‘’ close button to the right of the headline.