imagesData Real Estate

The rate of increase of Housing prices_13 countries

  • 2015 VS 2022/2023
  • 2015 VS 2020/2021

* Among 10 countries with the Index compared to 2015, housing prices in 2023 rose the most compared to 2015 in the United States  (+87.1%), followed by China (+51.3%) and Germany  (+48.7%). 
* Among 13 countries, Housing prices in 2023 rose the most year-on-year in Taiwan (+12.0%), followed by Philippines (+10.9%) and the United States  (+4.9%). On the other hand, Index of  Germany  (-8.5%) and Korea (-7.0%) fell.

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Reference
OECD Data, Nominal house prices,  2015=100
- Retrieved Jan, 24, 2025, from here
Taiwan: Ministry of the Interior "2Q113 Residential Price Index", 2016=100
- Retrieved Jan. 24, 2025, from here
Malaysia: National Property Information Center, Malaysian House Price Index (MHPI), "Jadual Penerbitan IHRM Q3 2024P" 2010=100
- Retrieved Jan. 31, 2025, from here
Philippines: Bangko Sentral ng Pilipinas "Residential Real Estate Price Index (RREPI)" 2014Q1=100 
- Retrieved Jan. 31, 2025, from here
Dubai: Land Department Open Data, "Residential Sales Price Index"
- Retrieved Jun 3, 2022, from here

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Among 10 countries with the Index compared to 2015, housing prices in 2021 rose the most compared to 2015 in Germany (+ 61.0%), followed by the United States (+ 57.7%) and China (+ 51.1%). Malaysia (-21.7%), Saudi Arabia (-14.3%) and Dubai (-8.0%) had the lowest rates of increase. Among 13 countries, Housing prices in 2021 rose the most year-on-year in the United States (+ 16.8%), followed by Germany (+ 12.2%) and the United Kingdom (+ 10.0%). Index of South Korea (+ 9.9%) rose the most in Asia. On the other hand, Index of Philippines (-0.8%) and Malaysia (-0.1%) fell.

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OECD Data, Nominal house prices, 2015=100 - Retrieved Jun 3, 2022, from https://bit.ly/3b3Nu0P Taiwan: Ministry of the Interior "4Q110 Residential Price Index", 2016=100 - Retrieved Jun 3, 2022, from https://bit.ly/3OgjGMt Malaysia: National Property Information Center, "Property Market Q1 2022" 2010=100 - Retrieved Jun 3, 2022, from https://bit.ly/3b6KOzw Philippines: Bangko Sentral ng Pilipinas "Residential Real Estate Price Index (RREPI)" 2014Q1=100 - Retrieved Jun 3, 2022, from https://bit.ly/3nCA8vo Dubai: Land Department Open Data - Retrieved Jun 3, 2022, from https://bit.ly/3O51DcA

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