Turkey experienced the highest annual change in house prices in 2024, followed by Russia and the United Arab Emirates. In the first quarter of the year, the nominal house price in Turkey grew by 55 percent, while in Russia and the United Arab Emirates, the increase was 19 and 18 percent, respectively. Meanwhile, several markets, including Hong Kong, Luxembourg, and Germany, saw prices fall. That has to do with an overall cooling of the global housing market that started in 2022. When accounting for inflation, house price growth was slower, and even more countries saw the market shrink.
Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bank for International Settlements. (October 9, 2024). Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/
Bank for International Settlements. "Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024." Chart. October 9, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/
Bank for International Settlements. (2024). Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/
Bank for International Settlements. "Annual Price Growth in Selected Residential Real Estate Markets Worldwide in 1st Quarter 2024." Statista, Statista Inc., 9 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/
Bank for International Settlements, Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/ (last visited November 10, 2024)
Annual price growth in selected residential real estate markets worldwide in 1st quarter 2024 [Graph], Bank for International Settlements, October 9, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1041586/price-growth-fastest-growing-home-markets-worldwide/