Berlin tops the world as city with the fastest rising property prices

Prices has gotten higher in some of the largest cities in the world, but Berlin is growing the most, with a 20.5% percent rise in 2017. The average price has actually jumped almost 120% since 2004. This rise is hitting other markets including Vancouver, who recently implemented a 15% foreign investor tax just to curb people buying in the city when they weren’t planning on living there full time. Experts are wondering if a bubble is on the way in some of these markets.