The price of existing dwellings in the UK increased significantly between 1990 and 2024. Existing housing reached a value of 335,000 British pounds in 2024. That was slightly higher than the previous year, when house prices were 331,000 pounds, but a substantial increase since 2019 when prices started to rise rapidly. Overall, flats or maisonettes in converted houses were the most affordable housing type in the UK in 2024.

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Graph and download economic data for All-Transactions House Price Index for the United States (USSTHPI) from Q1 1975 to Q3 2025 about appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Residential Property Prices for Hungary (QHUN628BIS) from Q1 1990 to Q2 2025 about Hungary, residential, HPI, housing, price index, indexes, and price.

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.

This statistic shows the average selling price of houses in Flanders, Wallonia and the Brussels Capital Region (Belgium) from 1996 to 2017 (in euros). Belgium as a country has the unique situation that it has four governments: one national and three regional. These governments sometimes work together, but also do things differently from another. When looking at Belgium, one therefore also has to look at the regional level. According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, a house would cost 234,000 euros on average in the Flemish region in Belgium.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.

Graph and download economic data for All-Transactions House Price Index for Los Angeles County, CA (ATNHPIUS06037A) from 1975 to 2024 about Los Angeles County, CA; Los Angeles; CA; HPI; housing; price index; indexes; price; and USA.

The U.S. housing market continues to evolve, with the median price for existing homes forecast to fall to ******* U.S. dollars by 2027. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with a modest price increase of *** percent in 2024. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in 2025, with Rhode Island and West Virginia leading the packby home appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

This dataset was obtained from the StatLib repository: https://www.dcc.fc.up.pt/~ltorgo/Regression/cal_housing.html

The target variable is the median house value for California districts, expressed in hundreds of thousands of dollars ($100,000).

This dataset was derived from the 1990 U.S. census, using one row per census block group. A block group is the smallest geographical unit for which the U.S. Census Bureau publishes sample data (a block group typically has a population of 600 to 3,000 people).

A household is a group of people residing within a home. Since the average number of rooms and bedrooms in this dataset are provided per household, these columns may take surprisingly large values for block groups with few households and many empty houses, such as vacation resorts.

The dataset can also be downloaded/loaded using the sklearn.datasets.fetch_california_housing function.

Acknowledgments

Pace, R. Kelley and Ronald Barry, Sparse Spatial Autoregressions, Statistics and Probability Letters, 33 (1997) 291-297

House price index in South Korea, June, 2025 The most recent value is 142.39 index points as of Q2 2025, an increase compared to the previous value of 142.34 index points. Historically, the average for South Korea from Q1 1990 to Q2 2025 is 94.5 index points. The minimum of 57.48 index points was recorded in Q4 1998, while the maximum of 154.12 index points was reached in Q2 2022. | TheGlobalEconomy.com

Context

California House Pricing(1990)

Content

Prediction of House values in California in the year 1990.

Acknowledgements

Aurelien Geron

Inspiration

Will we see the fall in housing prices in the near future?

House Price Index: Malaysia data was reported at 199.300 1990=100 in Dec 2001. This records a decrease from the previous number of 200.300 1990=100 for Jun 2001. House Price Index: Malaysia data is updated semiannually, averaging 198.900 1990=100 from Jun 1997 (Median) to Dec 2001, with 10 observations. The data reached an all-time high of 217.600 1990=100 in Dec 1997 and a record low of 173.600 1990=100 in Jun 1999. House Price Index: Malaysia data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100. Rebased from 1990=100 to 2000=100 . Replacement Series ID:31884301.

House price index in Hong Kong, June, 2025 The most recent value is 189.92 index points as of Q2 2025, an increase compared to the previous value of 189.45 index points. Historically, the average for Hong Kong from Q1 1990 to Q2 2025 is 122.25 index points. The minimum of 28.36 index points was recorded in Q1 1990, while the maximum of 263.65 index points was reached in Q3 2021. | TheGlobalEconomy.com

House price index in Japan, March, 2025 The most recent value is 145.35 index points as of Q1 2025, an increase compared to the previous value of 137.71 index points. Historically, the average for Japan from Q1 1990 to Q1 2025 is 128.44 index points. The minimum of 97.71 index points was recorded in Q2 2009, while the maximum of 182.79 index points was reached in Q1 1991. | TheGlobalEconomy.com

Graph and download economic data for All-Transactions House Price Index for California (CASTHPI) from Q1 1975 to Q3 2025 about appraisers, CA, HPI, housing, price index, indexes, price, and USA.

House price index in Italy, June, 2025 The most recent value is 98.56 index points as of Q2 2025, an increase compared to the previous value of 95.94 index points. Historically, the average for Italy from Q1 1990 to Q2 2025 is 78.35 index points. The minimum of 37.43 index points was recorded in Q1 1990, while the maximum of 102.23 index points was reached in Q3 2008. | TheGlobalEconomy.com

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

Pakistan Consumer Price Index (CPI): House Rent data was reported at 229.790 1990-1991=100 in Jan 2002. This records an increase from the previous number of 229.210 1990-1991=100 for Dec 2001. Pakistan Consumer Price Index (CPI): House Rent data is updated monthly, averaging 174.320 1990-1991=100 from Jul 1991 (Median) to Jan 2002, with 127 observations. The data reached an all-time high of 229.790 1990-1991=100 in Jan 2002 and a record low of 105.440 1990-1991=100 in Jul 1991. Pakistan Consumer Price Index (CPI): House Rent data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.I009: Consumer Price Index: 1990-91=100. Rebased from 1990-91=100 to 2000-2001=100. Replacement series ID: 46263001