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The 13 European countries where the most people expect house prices to increase

Sep 2, 2016, 13:38 IST

I Wei Huang/Shutterstock

The property market in the UK has been rampant since the financial crisis, with prices skyrocketing, particularly in the capital London where the average home is worth more than £550,000.

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However, Britain is not the only place where prices are soaring, and citizens across Europe

ING has put together a list of expectations for property price rises across Europe in the coming year.

The ranking was compiled by asking people if they expect property prices to increase over the next 12 months, before assembling a list based on those expectations.

Perhaps unsurprisingly, the United Kingdom ranks pretty highly on the list, although in the aftermath of the EU referendum, the percentage of people expecting property prices to rise has fallen sharply.

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Commenting on the results of the survey, Ian Bright, a senior economist at ING said: "Across Europe, expectations that house prices will rise has hit a plateau, but people are still finding that the house prices where they live are expensive. It's worrying that this is increasingly leading them to delay important life decisions, such as postponing retirement, changing jobs or having more children."

Check out the ranking below.

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