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The 12 Hottest Property Markets In the World

12. Taiwan

Home prices in Taiwan rose 5.20% year-over-year, which was a slowdown from 2013's increase of 14.53%.

Prices rose 1.48% during Q2 2014.

11. Latvia

Home prices in Latvia rose 5.21% year-over-year, which was greater than 2013's increase of 0.91%.

Prices rose 0.68% during Q2 2014.

10. Brazil

Home prices in Brazil (São Paulo) rose 5.37% year-over-year, which was less than 2013's increase of 6.78%.

Prices rose 0.75% during Q2 2014.

9. Israel

Home prices in Israel rose 6.06% year-over-year, which was a slowdown from 2013's increase of 6.27%.

Prices rose 1.92% during Q2 2014.

8. Iceland

Home prices in Iceland rose 6.09% year-over-year, which was greater than 2013's increase of 1.47%.

Prices rose 1.42% during Q2 2014.

7. New Zealand

Home prices in New Zealand rose 6.66% year-over-year, which was greater than 2013's increase of 5.11%.

Prices fell 3.23% during Q2 2014.

6. Australia

Home prices in Australia rose 7.21% year-over-year, which was greater than 2013's increase of 2.82%.

Prices rose 1.28% during Q2 2014.

5. Turkey

Home prices in Turkey rose 7.24% year-over-year, which was greater than 2013's increase of 6.99%.

Prices rose 1.66% during Q2 2014.

4. UK

Home prices in the UK (nationwide) rose 9.68% year-over-year, up from 2013's drop of 1.24%.

Prices rose 3.99% during Q2 2014.

3. Ireland

Home prices in Ireland rose 11.97% year-over-year, which was greater than 2013's increase of 0.56%.

Prices rose 6.60% during Q2 2014.

2. Estonia

Home prices in Estonia rose 16.72% year-over-year, which was greater than 2013's increase of 7.27%.

Prices rose 0.31% during Q2 2014.

1. United Arab Emirates — Dubai

Global Property Guide

Home prices in the United Arab Emirates rose 33.26% year-over-year, which was greater than 2013's increase of 17.99%.

Prices rose 5.47% during Q2 2014.

Source: http://www.businessinsider.com