In the fourth quarter of 2024, the Bulgaria, Spain, and Portugal registered the highest house price increase in real terms (adjusted for inflation). In Bulgaria, house prices outgrew inflation by nearly ** percent. When comparing the nominal price change, which does not take inflation into consideration, the average house price growth was even higher.

Meanwhile, many countries experienced declining prices, with Turkey recording the biggest decline, at ** percent. That has to do with a broader trend of a slowing global housing market.

Average house prices are affected by several factors: Economic growth, unemployment, interest rates and mortgage availability can all affect average prices. A shortage of supply means that the need for housing and, therefore, competitive market created will push up house prices, whereas an excess of housing means prices fall to stimulate buyers. Location, location, location In December 2023, the average house price in England was more expensive than in any other country. This huge disparity in average house prices is in no small part down to the country's capital city, where the average asking price was more than double that of the UK’s average. Even in London, for those who can afford a mortgage, the savings made through buying over renting can be beneficial. House prices still set to grow In 2024, the number of housing transactions in the UK is set to fall to *** million. With the expected decline in transactions, the average house price is also set to stagnate across the UK.

Key information about House Prices Growth

• Morocco house prices grew 0.8% YoY in Dec 2024, following a decrease of 0.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2007 to Dec 2024, with an average growth rate of 0.3%.
• House price data reached an all-time high of 7.6% in Mar 2017 and a record low of -6.0% in Dec 2021.

Property Price Index is calculated following the repeat-sales method which takes into consideration only properties sold at least twice during the period under review.

Graph and download economic data for Real Residential Property Prices for United States (QUSR628BIS) from Q1 1970 to Q1 2025 about residential, HPI, housing, real, price index, indexes, price, and USA.

House Price Index YoY in the United States decreased to 3 percent in April from 3.90 percent in March of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

Key information about House Prices Growth

• Taiwan house prices grew 12.5% YoY in Sep 2024, following an increase of 11.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2002 to Sep 2024, with an average growth rate of 7.3%.
• House price data reached an all-time high of 20.9% in Mar 2010 and a record low of -6.0% in Mar 2016.

CEIC calculates quarterly House Prices Growth from quarterly Residential Property Price Index. Sinyi Realty Incorporation provides Residential Property Price Index with base March 2016=100.

In 2024, Turkey had the highest inflation-adjusted house price index out of the ** European countries under observation, making it the country where house prices have increased the most since 2010. In Turkey, the house price index exceeded *** index points in the fourth quarter of 2024, showing an increase in real terms of *** percent since 2010, the baseline year for the index. Iceland and Estonia completed the top three, with an index value of *** and *** index points. In the past year, however, many European countries saw house prices decline in real terms. Where can I find other metrics on different housing markets in Europe? To assess the valuation in different housing markets, one can compare the house-price-to-income ratios of different countries worldwide. These ratios are calculated by dividing nominal house prices by nominal disposable income per head. There are also ratios that look at how residential property prices relate to domestic rents, such as the house-price-to-rent ratio for the United Kingdom. Unfortunately, these numbers are not available in a European overview. An overview of the price per square meter of an apartment in the EU-28 countries is available, however. One region, different markets An important trait of the European housing market is that there is not one market, but multiple. Property policy in Europe lies with the domestic governments, not with the European Union. This leads to significant differences between European countries, which shows in, for example, the homeownership rate (the share of owner-occupied dwellings of all homes). These differences also lead to another problem: the availability of data. Non-Europeans might be surprised to see that house price statistics vary in depth, as every country has their own methodology and no European body exists that tracks this data for the whole continent.

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.

Key information about House Prices Growth

• State of Palestine (West Bank and Gaza) house prices dropped 0.4% YoY in Dec 2024, following a decrease of 0.6% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2019 to Dec 2024, with an average growth rate of 0.5%.
• House price data reached an all-time high of 13.9% in Sep 2021 and a record low of -9.1% in Sep 2020.

CEIC calculates quarterly House Prices Growth from quarterly Residential Property Price Index. Palestine Monetary Authority provides Residential Property Price Index with base Q12018=100.

Key information about House Prices Growth

• Canada house prices grew 0.1% YoY in Jan 2025, following an increase of 0.1% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1982 to Jan 2025, with an average growth rate of 1.8%.
• House price data reached an all-time high of 16.5% in Mar 1989 and a record low of -9.7% in Apr 1991.

CEIC calculates House Prices Growth from monthly House Price Index. Statistics Canada provides House Price Index with base December 2016=100. House Price Index covers New Housing only.

Average House Prices in Canada decreased to 690900 CAD in May from 692400 CAD in April of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

Key information about House Prices Growth

• Thailand house prices grew 8.5% YoY in Sep 2021, following an increase of 4.9% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 2009 to Sep 2021, with an average growth rate of 5.7%.
• House price data reached an all-time high of 20.2% in Dec 2009 and a record low of -6.1% in Dec 2020.

The Bank of Thailand calculates House Price Growth from Condominium Price Index with base 2009=100. House Prices Growth covers Bangkok and Vicinities only.

Home prices fell by 16.7 percent during the Great Recession of 2007 to 2009 in the United States. However, such a significant decrease in prices did not happen in the other four recessions which have occurred since 1980.

Annual house price inflation, simple and mix-adjusted average house prices, by dwelling, type of buyer, number of transactions, mortgage advances, distribution of borrowers' ages/incomes, interest rates, land prices, average valuations, Land Registry data

Latvia House Prices: YoY: Dwellings: New data was reported at 8.200 % in Jun 2018. This records a decrease from the previous number of 14.600 % for Mar 2018. Latvia House Prices: YoY: Dwellings: New data is updated quarterly, averaging 8.300 % from Mar 2007 (Median) to Jun 2018, with 46 observations. The data reached an all-time high of 56.200 % in Sep 2011 and a record low of -47.300 % in Jun 2009. Latvia House Prices: YoY: Dwellings: New data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.P002: House Prices: YoY.

This series does not include apartment prices. 2015 Figure changed on the 27/6/16 as revised data received from the Local authority Measured in EUR

Key information about House Prices Growth

• Australia house prices grew 2.9% YoY in Dec 2024, following an increase of 5.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Dec 2024, with an average growth rate of 5.8%.
• House price data reached an all-time high of 24.1% in Dec 2021 and a record low of -6.1% in Mar 2019.

CEIC calculates quarterly House Price Index Growth from quarterly Residential Dwellings: Mean Price of Eight Capital Cities. The Australian Bureau of Statistics provides Residential Dwellings: Mean Price of Eight Capital Cities in local currency. House Price Index Growth prior to Q3 2012 is calculated from Residential Property Price Index: Weighted Average of Eight Capital Cities.

Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q1 2025 about Canada, residential, HPI, housing, real, price index, indexes, and price.

Mexico House Prices: YoY: MD: Apizaco data was reported at 7.100 % in Mar 2019. This records a decrease from the previous number of 7.300 % for Dec 2018. Mexico House Prices: YoY: MD: Apizaco data is updated quarterly, averaging 6.500 % from Mar 2006 (Median) to Mar 2019, with 53 observations. The data reached an all-time high of 11.000 % in Sep 2015 and a record low of 0.600 % in Mar 2010. Mexico House Prices: YoY: MD: Apizaco data remains active status in CEIC and is reported by Federal Mortgage Society. The data is categorized under Global Database’s Mexico – Table MX.EB011: House Price Index: by Municipality and Delegation: 2017=100: Year on Year Growth.

Housing Index in Malta decreased to 165.22 points in the fourth quarter of 2024 from 165.30 points in the third quarter of 2024. This dataset provides - Malta House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.