Which countries are the best in the world to buy a home?

Which countries are the best in the world to buy a home?

The following are the top 20 countries in terms of median house prices and incomes.

1.

Thailand, Thailand, Thailand The median house price in Thailand rose from $927,924 in 2016 to $1,827,846 in 2019.

The median income rose from US$1,527,000 in 2016 and is now at US$2,025,000.

2.

Hong Kong, Hong Kong The median home price in Hong Kong rose from £1,939,814 in 2016, to £2,299,000 last year.

The mean income rose to US$11,622,965.

3.

United Kingdom The median UK home price rose from the UK’s current level of $913,000 to US $1.9 million in 2019, up from US $905,000 three years earlier.

The average UK household income rose by 7.3% in 2019 to US £55,000 a year.

4.

Malaysia The median Malaysian home price climbed from $2,823,000, in 2016.

The increase is due to rising prices for new houses, which increased by $8.2 million in 2018.

The economy has been slow to recover since the global financial crisis.

5.

Singapore The median Singapore home price increased from $1-1,500 in 2016 after falling by more than a third in 2019 (from $2.8 million to $2 million).

6.

Philippines The median Filipino home price grew by 5.4% in 2018 to US:$1.2-million.

7.

New Zealand The median New Zealand home price was up by 5% in the same year to US New Zealand$2.3-million (up from US: US$5-million in 2019).

8.

Canada The median Canadian home price jumped from $905k in 2016 (from US$8,000) to US- $1 million in 2020.

The country has a large population, including some of the most affluent people in the developed world.

9.

Australia The median Australian home price (in 2018) was up from $800,000 ($1.3 million) in 2016 but fell by 1.9% (from AU$1 million to AU$2 million) over the same period.

10.

United States The median US home price last year was $2-2.5 million, which was a 4.7% increase from the year before.

The US economy has recovered slightly, but is still struggling with a recession.

Source: Data source: National Property Database (NPD)

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