Here's What The Massive New Global Real Estate Boom Really Looks Like

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There's no question about it: property is back.

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After the financial crisis, there was tons of talk about how people might be off property for good for awhile, and how nobody, for a long time, was going to be property for an investment.

That mentality didn't last long.

From California to London to East Asia, property prices and new developments are red hot.

Via Reuters, here's what the boom really looks like.

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housing construction

REUTERS/Mike Blake

People walk near new single family homes under construction in San Marcos, California

singapore home buying

REUTERS/Edgar Su

Real estate agents gather around a board showing the units sold at the development (in red stickers) as prospective buyers look on at the launch of a suburban private condominium project in Singapore

tokyo real estate

REUTERS/Yuya Shino

A staff member of Skyz Tower and Garden touches a rosette, which indicates sold apartments, as she gives an explanation about the condominium during a photo opportunity at its showroom in Tokyo

singapore apartments

REUTERS/Edgar Su

Prospective buyers look at a model of an upcoming suburban private condominium development during its launch in Singapore

houses for sale

REUTERS/Mike Blake

Single family homes for sale are seen in San Marcos

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kowloon cranes

REUTERS/Tyrone Siu

A general view of a construction site for luxury residential apartments at the reclaimed West Kowloon in Hong Kong

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