In 2018, the average home size in the United States was 6,295 square feet, and the size of the average home is set to fall to 6,121 square feet by 2023.
House prices in Spain have grown year-on-year since 2016 and 2023, increasing by almost 500 euros per square meter. In October 2023, the average house price per square meter reached 2,016 euros - almost as high as in 2007 before the global financial crisis hit and the market plummeted.
The average floor area of dwellings in England in 2024 varied by tenure type. In this year, the usable floor area was largest for owner occupiers (110 square meters), followed by private renters (75 square meters). The smallest dwellings were those belonging to social renters (66 square meters). In 2025, around 4 million houses in England were of the social housing kind.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in the United States (MEDSQUFEEUS) from Jul 2016 to Feb 2025 about square feet, median, and USA.
In 2023, the average size per dwelling in Japan was 90.86 square meters. When broken down by prefecture, Toyama stood out as the prefecture with the largest average floor area per housing unit, while Tokyo had the smallest average floor area in the same year. Real estate in Japan The real estate industry is an important pillar of the Japanese economy and ranked as the third-largest industry in Japan in terms of value added in 2022. Despite this, the number of unoccupied dwellings in Japan has been steadily increasing for over thirty years. Many unoccupied homes are empty and abandoned. This trend can be attributed to two primary factors: the aging of the population and the challenges faced by empty house owners in managing and utilizing properties, as most of these homes are either managed by older individuals or family inheritance. Housing in Tokyo The monthly residential property price index in Tokyo Prefecture has experienced a significant upward trend in the past years. Tokyo holds the largest population in Japan, with approximately 14 million inhabitants, making it the world’s largest urban agglomeration. The city’s appeal lies in its many renowned universities and corporate headquarters, which draws migrants from other prefectures, particularly young individuals. However, Japan is currently experiencing an investment boom in real estate, fueled by overseas investment. This has resulted in central Tokyo apartments becoming less affordable for many people.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in New York (MEDSQUFEENY) from Jul 2016 to Feb 2025 about square feet, NY, median, and USA.
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Poland House Prices: per Square Meter: Primary Market: Transaction: 7 Cities data was reported at 14,264.650 PLN in Dec 2024. This records an increase from the previous number of 14,060.779 PLN for Sep 2024. Poland House Prices: per Square Meter: Primary Market: Transaction: 7 Cities data is updated quarterly, averaging 6,809.243 PLN from Sep 2006 (Median) to Dec 2024, with 74 observations. The data reached an all-time high of 14,264.650 PLN in Dec 2024 and a record low of 3,590.503 PLN in Sep 2006. Poland House Prices: per Square Meter: Primary Market: Transaction: 7 Cities data remains active status in CEIC and is reported by Narodowy Bank Polski. The data is categorized under Global Database’s Poland – Table PL.EB008: House Price.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Florida (MEDSQUFEEFL) from Jul 2016 to Feb 2025 about square feet, FL, median, and USA.
The average square meter price of new residential real estate in Spain was the highest in Catalonia and the Community of Madrid in 2024. In the second quarter of the year, both regions boasted home prices of over 4,000 euros per square meter. That was substantially higher than the average for the country, which amounted to 2,930 euros per square meter. Overall, house prices in Spain have been on the rise since 2016.
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Hungary House Price: Average per Square Meter: Secondary Market: ow Detached data was reported at 118.000 HUF/sq m th in 2017. This records an increase from the previous number of 109.000 HUF/sq m th for 2016. Hungary House Price: Average per Square Meter: Secondary Market: ow Detached data is updated yearly, averaging 107.000 HUF/sq m th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 129.000 HUF/sq m th in 2007 and a record low of 96.000 HUF/sq m th in 2013. Hungary House Price: Average per Square Meter: Secondary Market: ow Detached data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.P004: Average House Price.
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Peru Average House Price: Apartments: Lima Metropolitan: USD data was reported at 1,764.154 USD/sq m in Sep 2018. This records an increase from the previous number of 1,727.860 USD/sq m for Jun 2018. Peru Average House Price: Apartments: Lima Metropolitan: USD data is updated quarterly, averaging 1,589.114 USD/sq m from Dec 2007 (Median) to Sep 2018, with 44 observations. The data reached an all-time high of 1,800.605 USD/sq m in Sep 2017 and a record low of 593.250 USD/sq m in Mar 2008. Peru Average House Price: Apartments: Lima Metropolitan: USD data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.EB001: House Price. Consists of 10 districts in Lima Metropolitan
The average purchase price per square meter for family houses in Czechia generally increased in the observed period. In Prague, the capital city region, the average purchase price per square meter stood at 111,087 Czech koruna in 2023. The lowest price in 2023 was in Zlín region when it amounted to 37,219 CZK.
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Hungary House Price: Average per Square Meter: Secondary Market: ow Condominium data was reported at 264.000 HUF/sq m th in 2016. This records an increase from the previous number of 233.000 HUF/sq m th for 2015. Hungary House Price: Average per Square Meter: Secondary Market: ow Condominium data is updated yearly, averaging 208.000 HUF/sq m th from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 264.000 HUF/sq m th in 2016 and a record low of 190.000 HUF/sq m th in 2013. Hungary House Price: Average per Square Meter: Secondary Market: ow Condominium data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.P004: Average House Price.
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Taiwan Housing: Average Living Space per Person: TA: Taoyuan County data was reported at 35.300 sq m in 2010. This records a decrease from the previous number of 36.100 sq m for 2000. Taiwan Housing: Average Living Space per Person: TA: Taoyuan County data is updated yearly, averaging 35.300 sq m from Dec 1990 (Median) to 2010, with 3 observations. The data reached an all-time high of 36.100 sq m in 2000 and a record low of 26.150 sq m in 1990. Taiwan Housing: Average Living Space per Person: TA: Taoyuan County data remains active status in CEIC and is reported by Directorate-General of Budget, Accounting and Statistics, Executive Yuan. The data is categorized under Global Database’s Taiwan – Table TW.EB013: Housing Dwelling Level: Population and Housing Census.
The average price of detached and duplex houses in the biggest cities in Germany varied between approximately 4,500 euros and 10,000 euros per square meter in 2024. Housing was most expensive in Munich, where the square meter price of houses amounted to 9,806 euros. Conversely, Berlin was most affordable, with the square meter price at 4,512 euros. How have German house prices evolved? House prices maintained an upward trend for more than a decade, with 2020 and 2021 experiencing exceptionally high growth rates. In 2021, the nominal year-on-year change exceeded 10 percent. Nevertheless, the second half of 2022 saw the market slowing, with the annual percentage change turning negative for the first time in 12 years. Another way to examine the price growth is through the house price index, which uses 2015 as a base. At its peak in 2022, the German house price index measured about 166 percent, which means that a house bought in 2015 would have appreciated by 66 percent. Is housing affordable in Germany? Housing affordability depends greatly on income: High-income areas often tend to have more expensive housing, which does not necessarily make them unaffordable. The house price to income index measures the development of the cost of housing relative to income. In the first quarter of 2024, the index value stood at 110, meaning that since 2015, house price growth has outpaced income growth by about 10 percent. Compared with the average for the euro area, this value was lower.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Massachusetts (MEDSQUFEEMA) from Jul 2016 to Feb 2025 about MA, square feet, median, and USA.
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Hungary House Price: Average per Square Meter: Secondary Market data was reported at 188.000 HUF/sq m th in 2016. This records an increase from the previous number of 175.000 HUF/sq m th for 2015. Hungary House Price: Average per Square Meter: Secondary Market data is updated yearly, averaging 157.000 HUF/sq m th from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 188.000 HUF/sq m th in 2016 and a record low of 145.000 HUF/sq m th in 2013. Hungary House Price: Average per Square Meter: Secondary Market data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.P004: Average House Price.
This dataset was created by Aleksandr Iavorskii
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Key information about House Prices Growth
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 97 percent in Romania or around 90 percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up 65 percent and 72 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.
In 2018, the average home size in the United States was 6,295 square feet, and the size of the average home is set to fall to 6,121 square feet by 2023.