The 9 worst housing markets in the world

Overall, property prices around the world continue to rise.However, not everyone'sdoing so well.Perhaps the most obvious example isthe once-hotChinese housing market, but others are seeing red flags as well.The Global Property Guide has compiled and analyzed the property price performance of the world's big economies.We've put together a list of the nineworst markets based on year-over-year, inflation-adjusted price performance as of Q2.9. Puerto RicoHome prices in Puerto Ricofell 2.27% year-over-year, following2014's fallof7.75%.Prices fell6.07%during Q2 2015.Source: Global Property Guide8. Croatia ' ZagrebHome prices in Croatia fell 2.42% year-over-year, following 2014's increaseof1.25%.Prices fell0.60%during Q2 2015.Source: Global Property Guide7. CyprusHome prices in Cyprusfell 3.18% year-over-year, which following2014's fallof4.06%.Prices fell0.07%during Q2 2015.Source: Global Property GuideSee the rest of the story at Business Insider NOW WATCH: RED EVERYWHERE: It's a global market meltdown
Click here to read full news..