Can You Guess Where the Hottest Housing Market in the World Is?

Hottest Housing Market On Tuesday, the Federal Housing Finance Authority (FHFA) will release its first estimate of home price appreciation in 2016.  With New and Existing Home Sales also on top early in the week, now seems like a good time to review how the housing market in the U.S. compares. Can you guess? The options are Denmark, France, Italy, Belgium, Croatia, Spain, Japan, Switzerland, Finland, Norway, South Korea, Netherlands, the UK, South Africa, the US, Germany, Israel, Canada, Ireland, Sweden, Australia, Luxembourg, and New Zealand. Before looking, perhaps a business cycle view will provide an idea.  The graphic probably…