For anyone looking for property hot spots, Estonia saw the highest house price inflation in Europe last year at 28 percent, closely followed by Denmark at 22 percent. According to the latest survey of European House Prices from the Royal Institution of Chartered Surveyors, Spain at 15 percent and France with 10 percent price rises, 2004's leaders, are now third and fifth, with Swedish house price rises at 12 percent in fourth place.