In 2017, Australia had the largest homes out of the countries surveyed. Australian homes measured, on average, 2,032 square feet, and were closely followed by U.S. homes at 1,901 square feet. Canadian homes were also quite large at 1,792 square feet.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet Year-Over-Year in the United States (MEDSQUFEEYYUS) from Jul 2017 to May 2025 about square feet, median, and USA.
Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.
In 2023, the average size of a single-family home built for sale in the United States amounted to ***** square feet. Although in the past five years American homes have been shrinking, since 1975, they have almost doubled in size. This trend towards larger homes seems illogical given that the average size of families has shrunk over the same period. Why are American homes so large? Homes in the U.S. are among the largest in the world, only surpassed by Australia. There are thought to be several reasons for this, including the concentration of wealth in the country, and the deeply engrained driving culture which means that cheaper land outside city centers is easily accessible. Where are the largest homes located? The size of homes also varies regionally, with the largest homes being located in wealthy, urban areas and in the South. Large homes, or McMansions as they’re often called, are especially popular in Texas. In 2023, Milwaukee and Omaha had the largest average home size.
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This dataset provides values for AVERAGE HOUSE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly ** percent in Romania or around ** percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up ** percent and ** percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.
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Taiwan Housing: Average Living Space per Person data was reported at 14.440 Ping in 2016. This records an increase from the previous number of 14.190 Ping for 2015. Taiwan Housing: Average Living Space per Person data is updated yearly, averaging 9.710 Ping from Dec 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 14.440 Ping in 2016 and a record low of 4.380 Ping in 1976. Taiwan Housing: Average Living Space per Person data remains active status in CEIC and is reported by Construction and Planning Agency, Ministry of the Interior. The data is categorized under Global Database’s Taiwan – Table TW.EB012: Housing Dwelling Level (Annual).
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United States Price per Square: Existing: Single Family Residential data was reported at 216.000 USD in Mar 2023. This records an increase from the previous number of 209.000 USD for Feb 2023. United States Price per Square: Existing: Single Family Residential data is updated monthly, averaging 139.000 USD from Jan 2012 (Median) to Mar 2023, with 135 observations. The data reached an all-time high of 234.000 USD in May 2022 and a record low of 86.000 USD in Feb 2012. United States Price per Square: Existing: Single Family Residential data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB115: Median Home Sale Price per Square Foot.
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The median home size in square feet for listings in a given market during the specified month.
With the release of its September 2022 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology updates and improves the calculation of time on market and improves handling of duplicate listings. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since October 2022 will not be directly comparable with previous data releases (files downloaded before October 2022) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
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Graph and download economic data for New Privately Owned Housing Completions in the United States, Average Square Feet of Floor Area for One-Family Units (COMPSFLAA1FQ) from Q1 1987 to Q1 2025 about floor area, privately owned, 1-unit structures, family, new, housing, and USA.
This table contains 33 series, with data for years 2014 - 2015 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Country of control (3 items: Total country of control; Canada; Foreign); Employment size (11 items: Total employment size; 1 to 4 employees; 5 to 9 employees; 10 to 19 employees; ...).
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Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q1 2025 about sales, median, housing, and USA.
The total number of dwellings per one thousand citizens in European countries in 2023 was the highest in Bulgaria and the lowest in Greece. There were approximately *** dwellings for every one thousand citizens in Bulgaria and in Greece, this figure amounted to ***. Germany had the largest total housing stock of **** million dwellings in the same year, of which there were *** per one thousand citizens. How prevalent is homeownership across European nations? Homeownership rates in Europe vary widely due to cultural, economic, and policy factors. Usually, countries in Southern and Eastern Europe tend to have higher rates of homeownership compared to those in Northern and Western Europe. For instance, in 2022, the homeownership rates in countries like Serbia, Romania, and Slovakia were quite high, topping ** percent. On the contrary, nations such as Germany, Switzerland, and Austria exhibited lower rates, below ** percent. New dwelling transaction prices across Europe The transaction price of a new dwelling includes the cost of the property itself, along with any additional expenses like taxes, fees, or other associated costs pertaining to the acquisition. In 2023, the average transaction price for a new dwelling in Europe was the highest in Austria, Germany, and France. Romania, Greece and Bosnia and Herzegovina had the lowest average transaction prices compared to other European countries.
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Median Existing Home Price: MA: Columbia data was reported at 187.100 USD th in Mar 2018. This records a decrease from the previous number of 196.600 USD th for Dec 2017. Median Existing Home Price: MA: Columbia data is updated quarterly, averaging 150.800 USD th from Mar 1989 (Median) to Mar 2018, with 53 observations. The data reached an all-time high of 196.600 USD th in Dec 2017 and a record low of 58.800 USD th in Mar 1989. Median Existing Home Price: MA: Columbia data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.
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The median home size in square feet for listings in a given market during the specified month.
With the release of its September 2022 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology updates and improves the calculation of time on market and improves handling of duplicate listings. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since October 2022 will not be directly comparable with previous data releases (files downloaded before October 2022) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
Guipuzcoa was the most expensive province in the Spanish autonomous community of Basque Country with the average house price per square meter being 3.1 thousand euros. In contrast, Alava was the cheapest at 2.1 euros per square meter.
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Median Existing Home Price: MA: Little Rock-N Little Rock data was reported at 139.000 USD th in Mar 2018. This records a decrease from the previous number of 141.300 USD th for Dec 2017. Median Existing Home Price: MA: Little Rock-N Little Rock data is updated quarterly, averaging 108.300 USD th from Mar 1989 (Median) to Mar 2018, with 112 observations. The data reached an all-time high of 144.300 USD th in Jun 2017 and a record low of 62.900 USD th in Jun 1989. Median Existing Home Price: MA: Little Rock-N Little Rock data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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Graph and download economic data for New Privately Owned Housing Starts in the United States, Average Square Feet of Floor Area for One-Family Units (HOUSTSFLAA1FQ) from Q1 1999 to Q1 2025 about floor area, housing starts, privately owned, 1-unit structures, family, new, housing, and USA.
The average number of rooms per person for houses and flats in Europe in 2023 varied in different countries. Among the countries with the most rooms per person were Luxembourg, Malta, and Belgium.
In 2017, Australia had the largest homes out of the countries surveyed. Australian homes measured, on average, 2,032 square feet, and were closely followed by U.S. homes at 1,901 square feet. Canadian homes were also quite large at 1,792 square feet.