The 9 worst housing markets around the world

• The global housing market is showing signs of weakness.
• Home prices have been falling in parts of the Middle East, Latin America, Eastern Europe, and Asia.
• We compiled a list of the nine housing markets around the world that saw the biggest price drops, according to The Global Property Guide.

The global housing boom appears to be slowing down.

Parts of the Middle East, Latin America, New Zealand, and parts of Asia saw house prices fall or slow down earlier this year, according a quarterly analysis by Global Property Guide, which compiled and analyzed the property-price performance of the world's big economies.

We put together a list of the nine markets that saw the biggest house price drops based on year-over-year, inflation-adjusted prices as of the second quarter in 2017, according to Global Property Guide.