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Luxury home prices in Taipei last quarter jumped 18.9 percent year-on-year, the second-best performer in Asia and seventh-fastest globally, as low interest rates and a shortage of homes fueled demand, a survey released on Monday by property consultancy Knight Frank LLP found. The London-based consultancy revealed the findings in a quarterly report showing that prime housing prices in 46 major cities around the world rose 9.8 percent from a year earlier, the fastest acceleration since 2007. In Asia, Taipei’s increase was only surpassed by Seoul’s 20.3 percent, while Dubai topped the survey globally with a 44.4 percent advance, followed by 42.4 percent

United statesSoult ukpyolsiSouth koreaUnited arab emiratesNantou xianT ai peiCity ofUnited kingdomHualian xianCandy huangKnight frankMinistry of theTaipei timesCrystal hsuXinyi districtHsu yi ping