Statistics

Last updatedcalendar_monthJun 16, 2022The rate of increase of Housing prices_13 countries

Statistics

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Commentary

* 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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This report focuses on “marriage”—a major turning point in life that significantly alters consumer behavior—and explores the cultures and customs deeply rooted in various Asian countries.
How does consumer behavior change as people transition from single life to marriage and parenthood? By analyzing the significant event of marriage, we offer insights that will help you gain a more comprehensive understanding of Asian consumers.
 
How Do “Marriages” Differ Across Asian Countries!? And the Consumption Behaviors That Come With Marriage ~ Bride Price? Groom Price? What About the Funds? ~
・How are “weddings” conducted in various Asian countries?
・Consumption Patterns Related to Marriage: Preparations and Purchases Made Upon Getting Married
etc.

Reference

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

Images

Commentary

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.

Reference

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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