The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

The average single-family house in the United States has overall increased in size since 2000. It reached its peak of 2,467 square feet in 2015 before falling to 2,299 square feet by 2022. Single-family house A single family home is defined as a dwelling designed to house a single family only. This means there are no common walls with other dwellings, the house has been built on its own parcel of land, and that it has its own private entry and exit to a street or thoroughfare. This definition excludes apartments, which are significantly smaller, and have actually been reducing in size over the same time period. Housing in the U.S. In 2022, there were over 85 million owner-occupied and 44 million renter occupied housing units in the United States. Single-family homes are by far the most common type of residential property purchased in the United States.

Housing Index in Spain increased to 1972.10 EUR/SQ. METRE in the fourth quarter of 2024 from 1921 EUR/SQ. METRE in the third quarter of 2024. This dataset provides the latest reported value for - Spain House Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Tulsa, OK (CBSA) (MEDLISPRIPERSQUFEE46140) from Jul 2016 to Feb 2025 about Tulsa, square feet, OK, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Ohio (OHSTHPI) from Q1 1975 to Q4 2024 about OH, appraisers, HPI, housing, price index, indexes, price, and USA.

Mexico's housing market demonstrates significant regional price variations, with Mexico City emerging as the most expensive area for residential property in 2024. The capital city's average house price of 3.91 million Mexican pesos far exceeds the national average of 1.73 million pesos, highlighting the stark contrast in property values across the country. This disparity reflects broader economic and demographic trends shaping Mexico's real estate landscape. Sustained growth in housing prices The Mexican housing market has experienced substantial growth over the past decade, with home prices more than doubling since 2010. By the third quarter of 2023, the nominal house price index reached 255.54 points, representing a 146 percent increase from the baseline year. Even when adjusted for inflation, the real house price index showed a notable 40 percent growth, underscoring the market's resilience and attractiveness to investors. The mortgage market is dominated by three main player types: Infonavit, Fovissste, and commercial banks including Sofomes. In 2023, Infonavit, a scheme by Mexico's National Housing Fund Institute which provides lending to workers in the formal sector, was responsible for the majority of mortgages granted to individuals. Challenges in mortgage lending Despite the overall growth in housing prices, Mexico's mortgage market has faced challenges in recent years. The number of new mortgage loans granted has declined over the past decade, falling by approximately 200,000 loans between 2008 and 2023. This decrease in lending activity may be attributed to various factors, including economic uncertainties and changing consumer preferences. The state of Mexico, which is home to 13 percent of the country's population, likely plays a significant role in shaping these trends, given its large demographic influence on the national housing market.

The median sales price of an existing single-family home in the United States reached almost 389,300 U.S. dollars in 2023 – the highest price on record. The sales price has risen year-on-year since 2011, increasing by over 100,000 U.S. dollars between 2019 and 2023. Location, location, location Regional differences in the median sales prices of existing single-family homes were evident across the United States. The cheapest region is the Midwest; the most expensive region is the West. An existing home in the West cost over 100,000 U.S. dollars more than in the Midwest. Prices surge due to housing shortage A lack of properties on the market is one reason why the prices of existing single-family homes are rising across all regions of the United States. The shortage in housing comes despite increases in both the number of new single-family units being authorized by building permits and new single-family housing unit starts. Homebuyers in the United States will have to pay top dollar should they want a new single-family home.

Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: 40 to 69.9 sq data was reported at 227.000 1989=100 in Sep 2000. This records a decrease from the previous number of 236.000 1989=100 for Jun 2000. Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: 40 to 69.9 sq data is updated quarterly, averaging 108.000 1989=100 from Mar 1980 (Median) to Sep 2000, with 83 observations. The data reached an all-time high of 447.000 1989=100 in Sep 1997 and a record low of 42.000 1989=100 in Dec 1984. Hong Kong (DC)Property Price Index: Qtr: 1989=100: DP: 40 to 69.9 sq data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong – Table HK.EB015: Residential: Price Index: 1999=100.

Telluride, CO, was the most expensive market for luxury single-family home market in the United States in 2024. In February that year, the median sales price of a single-family home in Telluride was 6.3 million U.S. dollars. Park City, UT, Paradise Valley, AZ, and the Los Angeles Beach Cities, CA, were other locations that fetched prices over 4.3 million U.S. dollars.

Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q3 2024 about Canada, residential, HPI, housing, real, price index, indexes, and price.

The number of single-family homes for sale in the United States declined for the fourth month in a row in February 2024. There were nearly 762,000 active unique single-family home listings available for purchase in that month, down from 869,000 during the most recent peak in October 2023. Overall, the housing inventory has declined notably since 2018, up to 1.55 million houses were available for sale.

NHB: Market Price for Under-Construction Properties: Current Quarter: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft data was reported at 7,949.000 INR/sq ft in Sep 2024. This records a decrease from the previous number of 8,250.000 INR/sq ft for Jun 2024. NHB: Market Price for Under-Construction Properties: Current Quarter: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft data is updated quarterly, averaging 4,889.000 INR/sq ft from Dec 2014 (Median) to Sep 2024, with 40 observations. The data reached an all-time high of 9,180.000 INR/sq ft in Mar 2023 and a record low of 2,635.000 INR/sq ft in Dec 2016. NHB: Market Price for Under-Construction Properties: Current Quarter: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft data remains active status in CEIC and is reported by National Housing Bank. The data is categorized under India Premium Database’s Construction and Property – Table IN.EA012: Housing Price Index: National Housing Bank: Market Price for Under-Construction Properties: Carpet Area Price: Current Quarter.

Lumber increased 124.05 USD/1000 board feet or 22.55% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on March of 2025.

NHB: Assessment Price: Current Quarter: Uttar Pradesh: Greater Noida: Carpet Area Price: less than 646 Sq Ft data was reported at 5,723.000 INR/sq ft in Mar 2023. This records an increase from the previous number of 5,220.000 INR/sq ft for Dec 2022. NHB: Assessment Price: Current Quarter: Uttar Pradesh: Greater Noida: Carpet Area Price: less than 646 Sq Ft data is updated quarterly, averaging 4,689.500 INR/sq ft from Jun 2013 to Mar 2023, with 40 observations. The data reached an all-time high of 5,723.000 INR/sq ft in Mar 2023 and a record low of 3,835.000 INR/sq ft in Mar 2014. NHB: Assessment Price: Current Quarter: Uttar Pradesh: Greater Noida: Carpet Area Price: less than 646 Sq Ft data remains active status in CEIC and is reported by National Housing Bank. The data is categorized under India Premium Database’s Construction and Property – Table IN.EA006: Housing Price Index: National Housing Bank: Assessment Price: Carpet Area Price: Current Quarter.

NHB: Market Price for Under-Cosntruction Properties: FQMA: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft在2024-09达8,230.000INR/sq ft，相较于2024-06的8,343.000INR/sq ft有所下降。NHB: Market Price for Under-Cosntruction Properties: FQMA: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft数据按季度更新，2014-12至2024-09期间平均值为4,917.500INR/sq ft，共40份观测结果。该数据的历史最高值出现于2023-06，达9,083.000INR/sq ft，而历史最低值则出现于2017-03，为2,862.000INR/sq ft。CEIC提供的NHB: Market Price for Under-Cosntruction Properties: FQMA: Bihar: Patna: Carpet Area Price: less than 646 Sq Ft数据处于定期更新的状态，数据来源于National Housing Bank，数据归类于India Premium Database的Construction and Property – Table IN.EA013: Housing Price Index: National Housing Bank: Market Price for Under-Construction Properties: Carpet Area Price: Four Quarter Moving Average。

The sixth arrondissement of Paris was the area with the highest residential real estate price in the French capital as of January 2024. In this arrondissement, which includes several historical sites like Saint-Germain-des-Prés, the Académie Française and the Jardin du Luxembourg, the average price per square meter amounted to over 15,000 euros. Paris is known for being one of the most expensive European cities to rent an apartment. The price difference in the twenty arrondissements of Paris The French capital is divided into twenty arrondissements, which correspond to administrative districts. Because of their geographical situations in regards with the economic centers of the city of Paris, as well as their environments and the living conditions they offer, arrondissements do not have the same average price per square meter. For example, the average square meter price for an apartment in cosmopolitan districts like the 19th and the 20th arrondissements, located in the northeastern part of the city, amounted to a little bit more than 8,800 euros, compared to close to 13,000 euros in Le Marais (4th arrondissement). Paris was by far the most expensive city in France, regardless of the localization of the accommodation. In 2023, the average price per square meter for rental flats reached 31 euros in Paris and 16 euros in Marseille, France’s second-largest city. The rise in rental prices in European cities It appears cities in Europe have seen their rental prices increasing in the past years. In Germany, for instance, if Berlin used to be described as “poor but sexy” (to quote Berlin’s former mayor Klaus Wowereit), it appears that the German capital is not unaffected by the rise in rents. From 2016 to 2022, the average rent price of residential property in Berlin went from 8.9 euros per square meter, up to 12.8 euros five years later.

Metros with growing job opportunities naturally have higher housing shortages than other metros. Huntington-Ashland, WV-KY-OH and Akron, OH were the metros with the most acute housing need in the United States as of December 2023. For every new building permit, there were over 10 new jobs created during that period. The number of housing starts has increased in recent years, but in order for housing needs to be met, homes will need to be built in the metros where they are needed the most.

The number of single-family homes listed for sale in the 50 largest metros in the United States in February 2024 ranged between 1,000 and 20,000. Houston, TX, which is the fifth-largest metropolitan area in the country, had the most active listings that month, totaling 20,326. New York, NY - the biggest metro in the country - had 19,981 active listings.

The majority of the housing stock in the United States is single-family detached houses. Of the total 128.5 million housing units in 2021, about 81.7 million were detached homes and 8.2 million were attached single-family homes. In comparison, roughly 31.8 million units were in multifamily buildings.

The average square meter price for an apartment in Buenos Aires, Argentina, varied depending on the apartment size. For a one-bedroom apartment with an average size of 40 square meter, home buyers paid on average 2,292 U.S. dollars per square meter.