Fast-rising property hotspots across the globe spur easy-money bubble fears

From China to Canada and London, fast-rising property markets are haunting the global economy again, five years after the US subprime mortgage bubble burst and triggered the worst financial crisis since the 1930s.

For now, house price inflation is neither as high nor as widespread as it was in the middle of the last decade.

Except in a few cases, the warning signals are flashing amber, not red, and several countries have acted to cool overheating markets.