Back
Hurun Report Releases Hurun Global House Price Index 2017 Half-Year
& Hurun China HNWI Global Property ROI 2017 Half-Year

Intro
The Hurun Research Institute today released the Hurun Global House Price Index 2017 Half-Year, listing the 50 cities with the highest house price changes in the twelve months to 30 June 2017.

China housing prices growing fastest in world

 

 6 Chinese cities in Top 10 & 21 in the Top 50

 

Toronto jumped 26% yoy, Number One in world

 

Hong Kong Top 5, with house prices rising 20.8% yoy

 

Wuxi fastest growing city in mainland China; Zhengzhou, Changsha, Guangzhou and Shijiazhuang in Top 10

 

USA, with 15 cities, led way for highest global property ROI (housing price change + RMB change + rental yield), followed by Germany (5), Australia (4) and Canada (4)

 

Preferred cities for Chinese migration Los Angeles, Seattle, San Francisco, New York and Vancouver all saw ROI between 15% and 25%

 

SE Asia cities Kuala Lumpur, Bangkok and Jakarta jumped into ROI Top 50

 

Hurun Report Releases Hurun Global House Price Index 2017 Half-Year

& Hurun China HNWI Global Property ROI 2017 Half-Year

 

(31 August 2017, Shanghai, China) The Hurun Research Institute today released the Hurun Global House Price Index 2017 Half-Year, listing the 50 cities with the highest house price changes in the twelve months to 30 June 2017. Hurun Research also released today the Hurun China HNWI Global Property ROI 2017 Half-Year, which takes into account three factors: the annual house price change, rental yields and the RMB currency change.

 

42 of the 50 cities in the Hurun Global House Price Index 2017 Half-Year saw property prices rise by more than 10%.

 

16 of the 50 cities in the Hurun China HNWI Global Property ROI 2017 Half-Year saw returns of more than 20%.

 

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said, “Global asset allocation is one of the biggest trends now for China’s high net worth individuals, led by real estate.”

 

This is a brief English language summary of the full Chinese press release which can be found at www.hurun.net. For media enquiries please contact our public relations team whose contact details can be found at the end of this report.

Hurun Global House Price Index 2017 Half-Year

 

Toronto, saw its biggest rise in global housing prices in the last year, up to 26.1%. Hong Kong ranked fourth globally, with housing prices up 20.8% in the latest year. Wuxi, Jiangsu, has been the fastest growing city in mainland China in the last year, with Zhengzhou, Changsha, Guangzhou and Shijiazhuang in the top 10, and Xi 'an also performing well.

 

Top 50 cities are from 12 countries. China has the most with 21 cities, followed by the USA (Seattle, Orlando, Dallas, Denver, New York, Sacramento and Miami), Germany (Berlin, Hanover, Stuttgart, Frankfurt, Munich and Hamburg), Canada (Toronto, Hamilton, Victoria and Vancouver), Australia (Melbourne, Sydney and Canberra), Ireland and New Zealand with 2 cities each. Others include Ireland, Portugal, South Korea and Turkey.

 

Table: Hurun Global House Price Index 2017 Half-Year

No

City

House price change
  (12 months to 20 June 2017)

Country

1

Toronto

26.1%

Canada

2

Reykjavík

23.0%

Iceland

3

Wuxi

22.9%

China

4

Hong Kong

20.8%

China

5

Zhengzhou

20.2%

China

6

Hamilton

19.7%

Canada

7

Changsha

18.5%

China

8

Guangzhou

17.9%

China

9

Waterford

16.4%

Ireland

10

Shijiazhuang

16.1%

China

11

Jinan

15.9%

China

11

Victoria

15.9%

Canada

13

Hefei

15.4%

China

14

Otago

15.3%

New Zealand

15

Wuhan

14.9%

China

16

Xiamen

14.7%

China

17

Hangzhou

14.6%

China

18

Xi'an

14.3%

China

18

Berlin

14.3%

Germany

20

Fuzhou

14.1%

China

21

Melbourne

13.7%

Australia

22

Nanjing

13.6%

China

23

Wellington

13.5%

New Zealand

24

Amsterdam

13.4%

Netherlands

25

Hannover

13.2%

Germany

26

Tianjin

12.9%

China

27

Seattle

12.7%

United States

28

Nanning

12.3%

China

29

Sydney

12.2%

Australia

30

Chongqing

12.1%

China

31

Stuttgart

11.9%

Germany

32

Frankfurt

11.7%

Germany

33

Lisbon

11.6%

Portugal

34

Beijing

11.5%

China

34

Qingdao

11.5%

China

34

Munich

11.5%

Germany

37

Istanbul

11.4%

Turkey

38

Dublin

11.2%

Ireland

38

Dallas

11.2%

United States

40

Hamburg

11.0%

Germany

40

Nanchang

11.0%

China

42

Shanghai

10.0%

China

43

Orlando

9.8%

United States

44

Canberra

9.6%

Australia

45

Seoul

9.3%

Korea

46

Denver

9.2%

United States

46

Vancouver

9.2%

Canada

48

New York

8.7%

United States

49

Sacramento

8.6%

United States

50

Miami

8.2%

United States

Source: Hurun Research 2017

 

 

Hurun China HNWI Global Property ROI 2017 Half-Year

 

Hurun China HNWI Global Property ROI 2017 Half-Year, which is in the sum of house prices, rental returns and the rise of change local money to RMB.

 

Table: Hurun China HNWI Global Property ROI 2017 Half-Year

No.

City

Global Property ROI (A+B+C)

Country

A: Growth rate of house price
  (YOY)

B: Rental Yield

C: Local currency against the Chinese   Yuan

1

Toronto

32.4%

Canada

26.1%

4.8%

1.6%

2

Wellington

26.3%

New Zealand

13.5%

7.2%

5.6%

3

Seoul

26.2%

Korea

9.3%

8.0%

8.9%

4

Hamilton

26.1%

Canada

19.7%

4.8%

1.6%

5

Seattle

25.3%

United States

12.7%

8.7%

4.0%

5

Hong Kong

25.3%

China

20.8%

2.1%

2.4%

7

Victoria

24.5%

Canada

15.9%

7.0%

1.6%

8

Waterford

23.9%

Ireland

16.4%

5.0%

2.5%

9

Orlando

23.3%

United States

9.8%

9.5%

4.0%

10

Denver

22.8%

United States

9.2%

9.6%

4.0%

11

Miami

21.9%

United States

8.2%

9.7%

4.0%

12

Amsterdam

21.5%

Netherlands

13.4%

5.6%

2.5%

13

Sacramento

21.4%

United States

8.6%

8.8%

4.0%

14

Melbourne

21.1%

Australia

13.7%

3.3%

4.1%

15

Dublin

20.7%

Ireland

11.2%

6.9%

2.5%

16

Berlin

20.6%

Germany

14.3%

3.8%

2.5%

17

Atlanta

19.9%

United States

7.8%

8.1%

4.0%

18

Sydney

19.7%

Australia

12.2%

3.4%

4.1%

19

Portland

19.5%

United States

6.7%

8.8%

4.0%

20

Canberra

19.4%

Australia

9.6%

5.7%

4.1%

21

Lisbon

19.3%

Portugal

11.6%

5.2%

2.5%

22

Stuttgart

18.7%

Germany

11.9%

4.3%

2.5%

22

San Diego

18.7%

United States

6.5%

8.2%

4.0%

24

New York

18.6%

United States

8.7%

5.9%

4.0%

25

Boston

18.5%

United States

7.6%

7.0%

4.0%

26

Frankfurt

18.4%

Germany

11.7%

4.2%

2.5%

27

Los Angeles

18.0%

United States

5.8%

8.2%

4.0%

28

Chicago

17.8%

United States

6.3%

7.5%

4.0%

29

Hamburg

17.4%

Germany

11.0%

3.8%

2.5%

30

Kuala Lumpur

17.3%

Malaysia

17.0%

4.8%

-4.5%

31

Munich

16.9%

Germany

11.5%

2.9%

2.5%

32

San Francisco

15.8%

United States

5.3%

6.6%

4.0%

32

Bangkok

15.8%

Thailand

6.10%

4.0%

5.7%

34

Vancouver

15.5%

Canada

9.2%

4.7%

1.6%

35

Houston

15.3%

United States

2.7%

8.6%

4.0%

36

Barcelona

13.6%

Spain

7.0%

4.1%

2.5%

37

Washington,DC

13.3%

United States

3.4%

5.9%

4.0%

38

Manchester

13.2%

UK

8.1%

7.9%

-2.9%

39

Jakarta

11.8%

 Indonesia

4%

6.8%

1.0%

40

Brisbane

11.3%

Australia

2.0%

5.2%

4.1%

41

Madrid

11.2%

Spain

4.0%

4.7%

2.5%

42

Paris

11.0%

France

5.50%

2.8%

2.7%

43

Dubai

9.2%

UAE

-3%

10.3%

2.1%

43

Auckland

9.2%

New Zealand

-0.6%

4.2%

5.6%

43

Nagoya

9.2%

Japan

2.9%

6.0%

0.3%

46

Birmingham

8.6%

UK

6.10%

5.4%

-2.9%

47

Osaka

8.4%

Japan

2.1%

6.0%

0.3%

48

Liverpool

7.7%

UK

3.6%

7.0%

-2.9%

49

Abu Dhabi

6.9%

UAE

-5%

9.8%

2.1%

50

Bristol

6.6%

UK

5.5%

4.0%

-2.9%

Source: Hurun Research 2017

 

 

Other Related Research

Overseas property: Preferred Destinations for Emigration and Overseas Property Purchases

In terms of property purchasing and emigration, the United States remains the emigration destination of choice among HNWI once again. The top ten destinations for emigration and property purchase are Los Angeles, Seattle, San Francisco, New York, Vancouver, Boston, Melbourne, Toronto, New Zealand and Sydney. Los Angeles remains the most popular city in North America among Chinese HNWI for the fourth year running, while Seattle is on the rise every year, surpassing San Francisco for the first time, to take second place. New York remains the fourth most popular city, followed by Vancouver in fifth. Boston fell to sixth, Melbourne maintained seventh, and Toronto climbed two places to eighth. (Refer to Immigration and the Chinese HNWI 2017)

 

Table: Preferred Destinations for Emigration and Overseas Property Purchases


City

% Change

1 -

Los Angeles

17.6% (-0.2%)

2

Seattle

11.8% (-1%)

3

San Francisco

10% (-3.2%)

4 -

New York

9.9% (-1.7%)

5

Vancouver

6.3% (-0.8%)

6

Boston

6.2% (-1%)

7 -

Melbourne

4.8% (+0.9%)

8

Toronto

4.7% (+2%)

9

New Zealand

4.1% (+0.3%)

10

Sydney

3.6% (-0.2%)

Source: Immigration & the Chinese HNWI 2017, by Visas Consulting Group and Hurun Report

- same as last year ↑up ↓down

 

 

 

About Hurun Report Inc.

 

Nobody Knows China’s Rich Better!

 

Established as a research unit in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading research house, media and lifestyle investments business based in Shanghai, China, best-known for its rankings of the richest people in China, India and the rest of the world.

 

Hurun Report Inc. has four divisions: Hurun Research Institute; Hurun Media; Hurun Conferences and Training, an active events division targeting entrepreneurs and high net worth individuals; and Hurun Lifestyle and Investments, with investments in education, interior design, horses, bespoke tailoring, media and retail.

 

 

Download: 

Press Release - Hurun Global House Price Index 2017 Half-Year 170831 ENG.docx


 

For media inquiries, please contact:

Hurun Report

Porsha Pan

Tel: +86-21-50105808*601

Mobile: +86-139 1838 7446

Email: porsha.pan@hurun.net

 


Keywords: housing prices、Property
Author:Porsha    Editor:Pinkle Xu