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Indonesia

Adek Berry/AFP/Getty Images

Indonesia

Quarterly Rank: 15
Quarterly Price Change: 0.7%

Annual Rank: 3
Annual Price Change: 2.1%

Indonesia's housing sales increased in the second quarter of this year after relatively quiet activity in the first quarter. Real estate take-up could soon improve when condominium mortgage rates are reduced to a single digit, as the majority of sales transactions in the Indonesian housing market rely heavily on credit.