Behold the wealth of real estate prices and the potential pitfalls for investors.
The chart below shows the average price of a home in the UK from the period from March 2016 to April 2017.
As you can see, the UK has the highest average home price in the world.
This makes it a prime market for investors looking to buy property.
The average UK home price has risen by 9.5% since April last year, and is now the third highest in the EU behind France and Germany.
According to data from the London School of Economics, this makes London the UK’s biggest capital city and its second most expensive city to buy a home.
The UK also tops the list of cities with the highest mortgage debt per capita, and the fourth most expensive place to rent a home according to property comparison website Zillow.
The UK has one of the highest rental prices in Europe, with the average rental property costing a total of £13,847.
However, the median price of new properties in the country is still lower than the rest of the world, and there are signs that things are changing.
In fact, in April the median house price in London rose by 5.5%, from £842,800 to £938,700.
The median price for a new home in Scotland is now £4,972,400, down 6.6% compared to the previous year.
The latest figures from the Office for National Statistics show the average UK house price has fallen by 6.3% since last year.
While the UK housing market has been in flux for a while, this latest surge in price is causing concern for many buyers, especially those in the middle class.
According to ZillOW, the average house price across England and Wales in April was £9,923,100, down 8.6%.
In addition, it appears the market is starting to calm down.
In April, Zillows report found median house prices in England and Scotland had risen by 2.6%, while the median rent was down by 2% to £8,084 per month.
Zillow said the trend of rising prices and rising rents is likely to continue for some time, with house prices starting to fall in areas of the UK with more affluent neighbourhoods.
This article originally appeared on Business Insider.