2015 price change: 5.07%

2014 price change: -0.45%

Change from Q2: 2.21%

Comment: "The Chinese government recently announced a plan to purchase unsold residential properties and convert them into low-cost housing to reduce inventory levels."

2015 price change: 5.27%

2014 price change: 6.69%

Change from Q2: 1.12%

Comment: "Other strong European housing markets included Iceland, with house prices rising by 5.27% during the year to Q3 2015."

2015 price change: 5.41%

2014 price change: 3.58%

Change from Q2: 1.27%

Comment: "The average price of 3-bedroom condominium units in Makati CBD rose by 5.41% during the year to Q3 2015, after annual increases of 6.61% in Q2 2015, 5.4% in Q1 2015, 4.29% in Q4 2014, and 3.58% in Q3 2014. Housing prices increased 1.27% q-o-q during Q3 2015."

2015 price change: 5.45%

2014 price change: 0.01%

Change from Q2: 2.98%

Comment: "Foreign homebuyers are boosting the property market. American and Canadian buyers are returning to Mexico, after a several-year slump, thanks to low oil prices and the strong US dollar, pushing home values up."

2015 price change: 5.60%

2014 price change: 2.95%

Change from Q2: 0.99%

Comment: "Mortgages remain cheap despite slight increases in mortgage interest rates in recent months. The average interest rate for 1-year adjustable rate mortgages (ARMs) was 2.63% in November 2015, up from 2.44% the previous year while the 5-year adjustable rate mortgage was unchanged at 3%, according to Freddie Mac."

2015 price change: 6.26%

2014 price change: 15.39%

Change from Q2: 0.56%

Comment: "Though Estonia remains one of Europe's strongest housing markets, house price increases during the year to Q3 2015 were considerably lower than the double-digit rises seen in previous quarters, with the property market in Estonia's capital city Tallinn slowing sharply."

2015 price change: 7.57%

2014 price change: -1.41%

Change from Q2: 3.76%

Comment: "Demand is rising fast. The value of real estate transactions almost quadrupled in 2014 to €1.2 billion from the previous year, according to PwC Romania. Residential construction activity is also recovering, with residential building permits rising by 5.2% during the first three quarters of 2015 from the same period last year, according to the National Institute of Statistics (NIS)."

2015 price change: 8.97%

2014 price change: 0.39%

Change from Q2: 1.98%

Comment: "Demand remains strong. Existing condominium sales in Tokyo rose by 5.7% to 26,483 units in the first nine months of 2015 compared to the same period last year, according to The Land Institute of Japan. Likewise, sales of existing detached houses in Tokyo also increased 6% to 12,882 units over the same period."

2015 price change: 9.24%

2014 price change: 14.52%

Change from Q2: 4.93%

Comment: "Ireland is considered by some to be Europe's austerity star performer, having introduced structural reforms early in the crisis and it is, according to this narrative, now reaping the benefits."

2015 price change: 11.26%

2014 price change: 8.50%

Change from Q2: 3.83%

Comment: "Sweden's housing market continues to soar, with house prices surging by 11.26% during the year to Q3 2015, the highest y-o-y rise since Q2 2006. This can be attributed to very low interest rates and a shortage of housing supply."

2015 price change: 12.64%

2014 price change: 1.76%

Change from Q2: 1.12%

Comment: "Hong Kong had the highest housing price rises in Asia and was the third strongest housing market in our global survey, with residential property prices surging by 12.64% during the year to Q3 2015, a sharp improvement from the 1.76% y-o-y increase during the previous year to Q3 2014. Housing prices rose by 1.12% q-o-q during the latest quarter."

2015 price change: 14.86%

2014 price change: 3.93%

Change from Q2: 7.10%

Comment: "Total dwellings sold were up 18.6% y-o-y to 7,838 units in October 2015, according to the Real Estate Institute of New Zealand (REINZ). All ten regions recorded increases in sales volumes, with Waikato/Bay of Plenty registering the biggest y-o-y rise of about 54% in October 2015, followed by Hawke's Bay (52%), and Central Otago Lakes (50%)."

2015 price change: 16.42%

2014 price change: 37.20%

Change from Q2: 4.23%

Comment: "Qatar's property market is booming, supported by rapid economic and population growth, and a construction boom in preparation for the 2022 FIFA World Cup."

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