In 2025, Miami was the housing market most at risk, with a real estate bubble index score of ****. Tokyo and Zurich followed close behind with **** and ****, respectively. Any market with an index score of *** or higher was deemed to be a bubble risk zone.

The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

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

Housing Index in the United Kingdom increased to 517.10 points in October from 514.20 points in September of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

After a period of rapid increase, house price growth in the UK has moderated. In 2025, house prices are forecast to increase by ****percent. Between 2025 and 2029, the average house price growth is projected at *** percent. According to the source, home building is expected to increase slightly in this period, fueling home buying. On the other hand, higher borrowing costs despite recent easing of mortgage rates and affordability challenges may continue to suppress transaction activity. Historical house price growth in the UK House prices rose steadily between 2015 and 2020, despite minor fluctuations. In the following two years, prices soared, leading to the house price index jumping by about 20 percent. As the market stood in April 2025, the average price for a home stood at approximately ******* British pounds. Rents are expected to continue to grow According to another forecast, the prime residential market is also expected to see rental prices grow in the next five years. Growth is forecast to be stronger in 2025 and slow slightly until 2029. The rental market in London is expected to follow a similar trend, with Outer London slightly outperforming Central London.

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.

Comparative analysis of Rightmove, Halifax, ONS, and Nationwide house price indices for July 2025, including regional performance and market implications

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.

Housing Index in China remained unchanged at -2.20 percent in October. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Affordable Housing Market Analysis The global affordable housing market is projected to reach $1,983.52 billion by 2033, exhibiting a CAGR of 4.71% from 2025 to 2033. The rising population, urbanization, affordability crisis, and supportive government policies are the primary drivers fueling market growth. The increasing demand for affordable single-family homes, multi-family units, and townhouses, coupled with the adoption of innovative construction methods like prefabrication, 3D printing, and sustainable construction, are key trends shaping the market. The market faces restraints such as escalating land and construction costs, regulatory challenges, and the shortage of skilled labor. Nevertheless, the emergence of crowdfunding platforms and non-profit organizations providing financial assistance, as well as government subsidies and tax incentives, are expected to mitigate these constraints. The market is segmented based on housing type, funding source, construction method, and target demographics. D.R. Horton, Taylor Morrison, PulteGroup, Zillow, Hovnanian Enterprises, and Lennar Corporation are notable companies in the global affordable housing market, with operations in key regions like North America, Europe, and Asia Pacific. Recent developments include: Recent developments in the Affordable Housing Market have highlighted the urgent need for innovative housing solutions as governments and organizations strive to address the growing housing crisis exacerbated by economic challenges and population growth. Various nations are prioritizing policies that encourage public-private partnerships to stimulate investment in affordable housing initiatives. Additionally, the integration of sustainable building practices and smart technologies is gaining traction as stakeholders aim to improve energy efficiency while reducing construction costs. Recent collaborations among international entities and local governments focus on leveraging funding for housing projects, particularly in urban areas where demand is surging. Moreover, rising material costs and labor shortages are prompting stakeholders to explore alternative building materials and methods, including modular construction and 3D printing, to streamline processes. These trends underscore a collective commitment to creating equitable housing opportunities while navigating the complexities of market dynamics, aiming for significant progress by 2032. Overall, this evolving landscape reflects a concerted effort to promote affordability, sustainability, and accessibility in housing worldwide.. Key drivers for this market are: Green building technologies adoption Public-private partnerships expansion Innovative financing solutions development Urban regeneration projects implementation Digital platforms for housing access. Potential restraints include: rising urbanization, government initiatives; increasing housing demand; socioeconomic disparities; affordable financing options.

House prices in Spain are forecast to fall in 2024, after increasing by *** percent in 2023. Nevertheless, prices are expected to pick up in 2025, with an increase of ***********. The Portuguese housing market, on the other hand, grew by *** percent in 2023, but was forecast to contract in the next two years.

National median housing prices in Portugal from the pre-crisis peak in 2008 through the 2014 market bottom and subsequent recovery to current supply-driven highs, illustrating the long-term structural trends in the housing market.

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at ******* Canadian dollars in 2023 and was forecast to reach ******* Canadian dollars by 2026. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From ******* units sold, the annual number of home sales in the country is expected to rise to ******* in 2025. British Columbia and Ontario have traditionally been housing markets with prices above the Canadian average, and both are set to witness an increase in sales in 2025. How did Canadians feel about the future development of house prices? When it comes to consumer confidence in the performance of the real estate market in the next six months, Canadian consumers in 2024 mostly expected that the market would go up. A slightly lower share of the respondents believed real estate prices would remain the same.

In this Economic Commentary , we compare characteristics of the 2000–2006 house-price boom that preceded the Great Recession to the house-price boom that began in 2020 during the COVID-19 pandemic. These two episodes of high house-price growth have important differences, including the behavior of rental rates, the dynamics of housing supply and demand, and the state of the mortgage market. The absence of changes in fundamentals during the 2000s is consistent with the literature emphasizing house-price beliefs during this prior episode. In contrast to during the 2000s boom, changes in fundamentals (including rent and demand growth) played a more dominant role in the 2020s house-price boom.

Revenue for the Residential Real Estate industry in China is expected to decrease at a CAGR of 9.8% over the five years through 2025. This trend includes an expected decrease of 9.6% in the current year.Since August 2020, the People's Bank of China and the China Banking and Insurance Regulatory Commission have proposed three debt indicators for real estate development and management companies through which the company's financial health can be rated. This new policy has exacerbated the company's debt pressure, making it unable to repay old debts by borrowing new debt. Some real estate companies faced a liquidity crisis.In 2022, the city's lockdown and laying-off caused by COVID-19 epidemic led to the pressure of delaying the delivery of houses. The industry's newly constructed and completed areas decreased significantly throughout the year. In addition, the epidemic has impacted sales in the industry, and some sales offices have been forced to close temporarily. In 2022, the residential sales area decreased by 26.8%, and the residential sales decreased by 31.2%.Industry revenue will recover at an annualized 0.7% over the five years through 2030. Over the next five years, the industry's drag on GDP will weaken, and industry growth will stabilize. However, high housing prices have become a major social problem in China. Under the measures on the principle that residential real estate is used for living, not speculation, the financial attributes of real estate will gradually weaken, and housing prices will tend to stabilize.

Build-to-Rent Housing Market Outlook

As per our latest research, the global Build-to-Rent (BTR) housing market size reached USD 74.3 billion in 2024, reflecting a robust expansion driven by rising demand for professionally managed rental communities. The market is projected to grow at a CAGR of 10.1% from 2025 to 2033, reaching an estimated USD 192.2 billion by 2033. This impressive growth trajectory is primarily fueled by evolving lifestyle preferences, increasing urbanization, and a shift in housing affordability, which are collectively redefining the residential real estate landscape worldwide.

One of the most significant growth factors for the Build-to-Rent housing market is the changing demographic profile of urban populations. Young professionals and millennials increasingly prioritize flexibility and convenience over homeownership, leading to a surge in demand for rental properties that offer modern amenities and community-centric living. The BTR model, with its professionally managed services, maintenance support, and enhanced communal facilities, appeals strongly to this demographic. Additionally, the growing number of digital nomads and remote workers is further amplifying the need for adaptable, high-quality rental housing, particularly in metropolitan areas and emerging urban centers.

Another major driver for the Build-to-Rent housing market is the ongoing affordability crisis in many global cities. Escalating property prices and stringent mortgage requirements have made homeownership unattainable for a significant portion of the population, especially in North America and Europe. As a result, institutional investors and real estate developers are capitalizing on this opportunity by expanding their BTR portfolios. The stable, long-term rental income streams offered by BTR assets are particularly attractive to pension funds, insurance companies, and private equity firms seeking diversification and resilience in their investment portfolios.

Technological advancements and innovation in construction methods are also catalyzing the growth of the Build-to-Rent housing market. The adoption of modular and prefabricated construction techniques is enabling developers to accelerate project timelines, reduce costs, and improve sustainability outcomes. These methods are particularly suited to the BTR model, where speed to market and operational efficiency are critical. Furthermore, the integration of smart home technologies and digital management platforms is enhancing tenant experiences and operational transparency, thereby increasing the appeal of BTR properties to both residents and investors.

Regionally, North America and Europe continue to dominate the Build-to-Rent housing market, accounting for a combined market share of over 65% in 2024. However, Asia Pacific is emerging as a high-growth region, driven by rapid urbanization, rising middle-class populations, and supportive government policies. Latin America and the Middle East & Africa are also witnessing growing interest in the BTR model, particularly in gateway cities with expanding expatriate communities and young workforces. The regional outlook for the BTR market remains highly positive, underpinned by favorable demographic trends and increasing investor appetite for income-generating real estate assets.

Property Type Analysis

The Build-to-Rent housing market is segmented by property type into single-family homes, multi-family apartments, townhouses, and others. Among these, multi-family apartments currently hold the largest market share, accounting for over 55% of the global BTR inventory in 2024. The preference for multi-family developments is rooted in their efficient land use, scalability, and ability to offer a wide array of amenities such as gyms, co-working spaces, and communal lounges. These features are highly attractive to young professionals and urban dwellers seeking community engagement and convenience. Furthermore, mul

Statistical data on property damage, market trends, and investment patterns following Punjab's 2025 floods

The home mortgage debt of households and nonprofit organizations amounted to approximately 13.46 trillion U.S. dollars in the first quarter of 2025. Mortgage debt has been growing steadily since 2014, when it was less than ten billion U.S. dollars and has increased at a faster rate since the beginning of the coronavirus pandemic due to the housing market boom. Home mortgage sector in the United States Home mortgage sector debt in the United States has been steadily growing in recent years and is beginning to come out of a period of great difficulty and problems presented to it by the economic crisis of 2008. For the previous generations in the United States, the real estate market was quite stable. Financial institutions were extending credit to millions of families and allowed them to achieve ownership of their own homes. The growth of the subprime mortgages and, which went some way to contributing to the record of the highest US homeownership rate since records began, meant that many families deemed to be not quite creditworthy were provided the opportunity to purchase homes. The rate of home mortgage sector debt rose in the United States as a direct result of the less stringent controls that resulted from the vetted and extended terms from which loans originated. There was a great deal more liquidity in the market, which allowed greater access to new mortgages. The practice of packaging mortgages into securities, and their subsequent sale into the secondary market as a way of shifting risk, was to be a major factor in the formation of the American housing bubble, one of the greatest contributing factors to the global financial meltdown of 2008.

The global star house market, encompassing structures like geodesic domes and inflatable bubble houses, is experiencing robust growth, projected to reach a market size of $253 million in 2025. A Compound Annual Growth Rate (CAGR) of 6.8% from 2025 to 2033 indicates a significant expansion, driven by several key factors. Increasing demand for unique and immersive tourism experiences fuels the growth of glamping and luxury outdoor accommodations, a key market segment for star houses. The rising popularity of eco-friendly and sustainable building materials also contributes positively, as many star houses are constructed from recyclable and lightweight materials. Furthermore, advancements in design and technology, including improved insulation and innovative lighting solutions, enhance the overall appeal and functionality of star houses, making them more comfortable and versatile for a wider range of applications, from private residences to commercial ventures such as resorts and event spaces. The competitive landscape, with notable players like Outstanding Technology, Guangzhou Lucidomes Technology, and Zhengzhou Wolong Amusement Equipment, showcases the market's dynamism and potential for further innovation. Growth is expected to continue, propelled by expanding applications in various sectors. The hospitality industry is a prime beneficiary, with star houses offering unique and memorable stays. Furthermore, the events and entertainment industries are adopting star houses for creating distinctive venues and installations. While some restraints might include regulatory hurdles concerning building codes and permits in certain regions, the overall trend points to an upward trajectory. The market segmentation, while not explicitly detailed, likely encompasses variations in material, size, application (residential, commercial, tourism), and geographic distribution. Future market growth will depend on continued innovation in design, materials, and sustainability, along with supportive regulatory frameworks and successful marketing strategies focusing on experience and luxury. Companies are likely investing in technological advancements to improve energy efficiency, durability, and overall aesthetic appeal, contributing to this sector's exciting growth prospects.

Replication package for "Opioid Crisis and Real Estate Prices" (accepted for publication in JFQA in 2025). The package includes a mix of real and pseudo data.