{"id":3330,"date":"2019-06-17T10:00:12","date_gmt":"2019-06-17T10:00:12","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3330"},"modified":"2021-06-04T14:28:32","modified_gmt":"2021-06-04T07:28:32","slug":"slovenia-outpaces-china-as-fastest-growing-housing-market","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/slovenia-outpaces-china-as-fastest-growing-housing-market\/","title":{"rendered":"Slovenia outpaces China as fastest-growing housing market"},"content":{"rendered":"

Strict housing policies will continue to cast pall over mainland markets<\/p>\n

\"\"
Ljubljana Castle, Slovenia. Tomas Kulaja\/Shutterstock<\/figcaption><\/figure>\n

Slovenia has topped Knight Frank\u2019s latest Global House Price Index, where it outpaced even China\u2019s resurgent price growth.<\/p>\n

Thanks to falling unemployment, low interest rates, and, until recently, limited supply, average house values in the European nation accelerated 18.2 percent in the year to the first quarter of 2019.<\/p>\n

Average housing prices in China grew to 11.6 percent in Q1 2019, the report stated. While Hong Kong prices are expected to remain largely stable during the remainder of 2019, those in the Greater Bay Area (excluding Hong Kong and Macau) will see continued growth in single digits.<\/p>\n

More: Billionaires worldwide still parking their wealth in real estate<\/strong><\/a><\/p>\n

Such a resurgent price growth is unlikely to last long though. \u201cAcross the rest of mainland China, we expect price inflation to be tightly controlled via a range of stringent policy measures,\u201d wrote Kate Everett-Allen, partner for International Residential Research at Knight Frank.<\/p>\n

Last month, the Ministry of Housing and Urban-Rural Development warned the cities of Suzhou, Foshan, Dalian and Nanning to stabilise land and house price inflation.<\/p>\n

Latvia ranks second on the index, its annual hike of 11.9 percent edging out China and topping the likes of Malta (fourth) and Czech Republic (fifth).<\/p>\n

Taiwan\u2019s annual growth of 8.4 percent was second-fastest in Asia, ninth worldwide. India and Japan placed 11th and 20th, respectively, with prices climbing 7.7 percent and 5.5 percent over a 12-month period.<\/p>\n

Outstanding performers last year and in 2017, such as Iceland, Turkey and New Zealand, now sit firmly mid-table, the report noted. Iceland and New Zealand saw their housing prices accelerate just 4.4 percent and 4.3 percent, while Turkey climbed just 3.5 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Strict housing policies will continue to cast pall over mainland markets<\/p>\n","protected":false},"author":8,"featured_media":20120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[137,313,312,311],"class_list":["post-3330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-china","tag-housing-price-growth","tag-knight-frank","tag-slovenia","news_country-china","news_author-property-report"],"acf":[],"yoast_head":"\nSlovenia outpaces China as fastest-growing housing market | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/slovenia-outpaces-china-as-fastest-growing-housing-market\/\" \/>\n<meta property=\"og:locale\" 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