House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In April 2025, house prices increased by 3.5 percent. As of late 2024, the average house price was close to 290,000 British pounds. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

In 2022, house price growth in the UK slowed, after a period of decade-long increase. Nevertheless, in March 2025, prices reached a new peak, with the average home costing ******* British pounds. This figure refers to all property types, including detached, semi-detached, terraced houses, and flats and maisonettes. Compared to other European countries, the UK had some of the highest house prices. How have UK house prices increased over the last 10 years? Property prices have risen dramatically over the past decade. According to the UK house price index, the average house price has grown by over ** percent since 2015. This price development has led to the gap between the cost of buying and renting a property to close. In 2023, buying a three-bedroom house in the UK was no longer more affordable than renting one. Consequently, Brits have become more likely to rent longer and push off making a house purchase until they have saved up enough for a down payment and achieved the financial stability required to make the step. What caused the recent fluctuations in house prices? House prices are affected by multiple factors, such as mortgage rates, supply, and demand on the market. For nearly a decade, the UK experienced uninterrupted house price growth as a result of strong demand and a chronic undersupply. Homebuyers who purchased a property at the peak of the housing boom in July 2022 paid ** percent more compared to what they would have paid a year before. Additionally, 2022 saw the most dramatic increase in mortgage rates in recent history. Between December 2021 and December 2022, the **-year fixed mortgage rate doubled, adding further strain to prospective homebuyers. As a result, the market cooled, leading to a correction in pricing.

Market Hotness: Listing Views per Property Versus the United States in Medina County, OH was 4.44992 Ratio in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property Versus the United States in Medina County, OH reached a record high of 4.49916 in April of 2025 and a record low of 1.88788 in October of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property Versus the United States in Medina County, OH - last updated from the United States Federal Reserve on July of 2025.

Market Hotness: Listing Views per Property Versus the United States in Nassau County, NY was 0.93025 Ratio in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property Versus the United States in Nassau County, NY reached a record high of 0.94919 in October of 2017 and a record low of 0.47791 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property Versus the United States in Nassau County, NY - last updated from the United States Federal Reserve on July of 2025.

Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data was reported at 3.000 % in Apr 2018. This records an increase from the previous number of 2.000 % for Jan 2018. Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data is updated quarterly, averaging 1.850 % from Jan 2006 (Median) to Apr 2018, with 44 observations. The data reached an all-time high of 7.000 % in Oct 2017 and a record low of -1.500 % in Apr 2009. Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse data was reported at 2.000 % in Jan 2018. This stayed constant from the previous number of 2.000 % for Oct 2017. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 5.000 % in Jul 2016 and a record low of -9.000 % in Apr 2009. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Between December 2017 and October 2024, residential property prices in the Italian city of Venice experienced an overall increase, despite some fluctuations. In May 2020, the average asking price for residential properties was ***** euros per square meter, compared to ***** euros in December 2017. After a period of decline, average residential property prices in Venice started showing a general upward trend in March 2022. As of October 2024, it amounted to ***** euros per square meter. Notably, the average property sales price in Venice was higher than the national average.

Market Hotness: Listing Views per Property Versus the United States in Missoula County, MT was 1.43050 Ratio in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property Versus the United States in Missoula County, MT reached a record high of 1.69143 in December of 2021 and a record low of 0.77107 in October of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property Versus the United States in Missoula County, MT - last updated from the United States Federal Reserve on July of 2025.

Average House Prices in Norway decreased to 4269904 NOK in July from 4943130 NOK in June of 2025. This dataset includes a chart with historical data for Norway Average House Prices.

The average house price in England started to increase in August 2024, after falling by over three percent year-on-year in December 2023. In May 2025, the house price index amounted to 101.7 index points, suggesting an increase in house prices of 3.4 percent since the same month in 2024 and roughly 2 percent rise since January 2023 - the baseline year for the index. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

Between December 2017 and October 2023, the average price of residential properties for sale in the Italian municipality of Turin increased with significant fluctuation. The lowest price registered was ***** euros per square meter in August 2019. In October 2024, the average price of residential properties in Turin was ***** euros per square meter. Moreover, the average property sales price in Turin was slightly higher than the national average.

Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Building Plots data was reported at 2.000 % in Jan 2018. This records a decrease from the previous number of 7.000 % for Oct 2017. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Building Plots data is updated quarterly, averaging 2.200 % from Jan 2006 (Median) to Jan 2018, with 35 observations. The data reached an all-time high of 10.000 % in Apr 2016 and a record low of -2.500 % in Jul 2011. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Building Plots data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Retail Space data was reported at 7.000 % in Jan 2018. This records an increase from the previous number of 5.000 % for Oct 2017. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Retail Space data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 7.000 % in Jan 2018 and a record low of -8.000 % in Oct 2011. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Retail Space data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Market Hotness: Listing Views per Property Versus the United States in Monroe County, FL was 0.97149 Ratio in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property Versus the United States in Monroe County, FL reached a record high of 1.44454 in January of 2022 and a record low of 0.65405 in October of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property Versus the United States in Monroe County, FL - last updated from the United States Federal Reserve on July of 2025.

Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Office Space data was reported at 8.000 % in Jan 2018. This records an increase from the previous number of 5.000 % for Oct 2017. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Office Space data is updated quarterly, averaging -1.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 8.000 % in Jan 2018 and a record low of -10.000 % in Jul 2009. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Office Space data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Market Hotness: Listing Views per Property Versus the United States in Flathead County, MT was 0.98205 Ratio in May of 2025, according to the United States Federal Reserve. Historically, Market Hotness: Listing Views per Property Versus the United States in Flathead County, MT reached a record high of 1.23575 in September of 2020 and a record low of 0.55902 in October of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Market Hotness: Listing Views per Property Versus the United States in Flathead County, MT - last updated from the United States Federal Reserve on July of 2025.

Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse data was reported at 1.300 % in Jan 2018. This records a decrease from the previous number of 3.000 % for Oct 2017. Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 3.700 % in Jul 2017 and a record low of -5.000 % in Apr 2009. Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Brazil Loans: Real Estate Financing: for Construction: Value: Residential Building: Market Rate data was reported at 232,532,092.000 BRL in Nov 2018. This records an increase from the previous number of 205,437,047.000 BRL for Oct 2018. Brazil Loans: Real Estate Financing: for Construction: Value: Residential Building: Market Rate data is updated monthly, averaging 253,388,038.000 BRL from Jul 2009 (Median) to Nov 2018, with 113 observations. The data reached an all-time high of 966,406,193.000 BRL in Aug 2013 and a record low of 37,182,598.000 BRL in Oct 2017. Brazil Loans: Real Estate Financing: for Construction: Value: Residential Building: Market Rate data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Monetary – Table BR.KAB044: Loans: Real Estate Financing: for Construction: by Expenditure Level. The SFH uses the following features to provide credit to citizens: the Guarantee Fund for Time of Service - FGTS (eligible users are allowed the withdraw from FGTS for payment of Real Estate financing under SFH), the current account savings and loans raised in the country or abroad for the implementation of housing projects and mortgage bonds (debt securities) issued by financial agents. Under this scheme, funding can go up to 90% of property value, and cost effective maximum (which includes all charges and expenses incidental to the credit contracted or offered to individuals) may not exceed 12% per year, including interest, fees and other charges. O SFH utiliza os seguintes recursos para fornecer crédito aos cidadãos: o Fundo de Garantia por Tempo de Serviço - FGTS (é permitido o retirar do FGTS para o pagamento de financiamento imobiliário sob SFH), a poupança em conta corrente e empréstimos captados no país ou no exterior para a implementação de projetos de habitação e obrigações hipotecárias (títulos de dívida) emitidas pelos agentes financeiros. Ao abrigo deste regime, o financiamento pode ir até 90% do valor do imóvel, e o custo máximo efetivo (que inclui todos os encargos e despesas acessórias ao crédito contratado ou oferecido a pessoas físicas) não pode exceder 12% por ano, incluindo os juros, taxas e outras encargos.