Ten cities in the Chinese mainland recorded the world's highest annual increases in housing prices in 2016, according to a report jointly released by Hurun Research Institute and real estate agency Global House Buyer on Monday.
Hefei in East China's Anhui Province, Xiamen in East China's Fujian Province and Nanjing in East China's Jiangsu Province posted the largest annual gains, with growth rates of 48.4 percent, 45.5 percent and 42 percent, said the report.
Other cities in the top 10 are Wuxi in Jiangsu, Shenzhen in South China's Guangdong Province, Hangzhou in East China's Zhejiang Province, Shanghai, Fuzhou in Fujian, Zhengzhou in Central China's Henan Province and Beijing, the report noted.
Notably, the Canadian city of Vancouver ranked No.11, but that rise was also the result of Chinese homebuyers, said the report, citing Rupert Hoogewerf, chairman and chief researcher for the Hurun report.
Among the top 50 cities, 19 are in China, according to the report.