Compare house prices across major economies using official BIS data, inflation-adjusted indices and interactive historical charts
House prices by country · nominal, real & annual growth
Compare residential property price trends across 58 economies using official BIS selected series. Choose nominal or inflation-adjusted indices (2010 = 100), or their year-on-year changes. These are price indices, not average home prices or prices per m².
United States
Historical observationsView exact quarterly values
House Prices by Country — All Available Economies
Nominal house price growth (YoY %). Latest observation per economy; dates differ. A dash means data are unavailable. Growth rates do not measure how expensive homes are in different countries.
| Country / economy | Nominal house price growth (YoY %) | Observation period | Source series / status |
|---|---|---|---|
| United States | 1.16% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| China | -5.90% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Euro Area | 3.98% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Japan | 5.04% | 2025 Q4 | Quarterly · Nominal · BIS YoY · source flag A Older observation |
| United Kingdom | 2.87% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| India | 3.65% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Canada | -3.97% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Brazil | 5.24% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| South Korea | 2.47% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Mexico | 7.29% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Australia | 8.26% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Switzerland | 3.53% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Poland | 6.29% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Sweden | 4.80% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Israel | -1.56% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Austria | 3.59% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Belgium | 1.99% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| Bulgaria | 15.47% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Chile | 5.13% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| Colombia | 8.98% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Croatia | 12.71% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Cyprus | 8.51% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Czechia | 8.60% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Denmark | 9.39% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Estonia | 5.80% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Finland | -2.65% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| France | -0.79% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Germany | 0.60% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Greece | 5.49% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Hong Kong SAR | 12.07% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Hungary | 10.16% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Iceland | 2.68% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Indonesia | 0.69% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Ireland | 5.97% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Italy | 3.99% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Latvia | 11.36% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Lithuania | 14.34% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Luxembourg | 1.70% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| Malaysia | 0.95% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Malta | 6.71% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| Morocco | 0.94% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Netherlands | 4.32% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| New Zealand | -0.69% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| North Macedonia | 13.33% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Norway | 4.40% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Peru | 7.92% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| Philippines | 0.39% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Portugal | 16.48% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Romania | 12.35% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Russia | 14.38% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Serbia | 5.25% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Singapore | 2.91% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Slovakia | 13.62% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Slovenia | 9.29% | 2026 Q1 | Quarterly · Nominal · BIS YoY · source flag A |
| South Africa | 5.89% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Spain | 12.15% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Thailand | 2.35% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
| Türkiye | 25.14% | 2026 Q2 | Quarterly · Nominal · BIS YoY · source flag A |
Sources, methodology & reuse
Source: Bank for International Settlements, Selected residential property prices, BIS WS_SPP 1.0 (data set), BIS Data Portal, accessed 2026-11-03. This tracker uses the selected quarterly series intended for cross-country comparison, not the more granular detailed property-price collection. All four displayed measures are published by BIS.
Nominal and real price indices use average 2010 = 100. An index of 150 indicates a level 50% above that series’ 2010 average. It does not mean an average dwelling costs 150 currency units. A higher index does not make one country more expensive than another. No price-per-square-metre, average home value, rent, mortgage rate or affordability estimate is derived from these indices.
Real indices are nominal residential property price indices deflated by the consumer price index (CPI), as compiled by BIS. Real is an inflation adjustment, not a seasonal adjustment. The tracker does not apply its own CPI, exchange-rate conversion, rebase or seasonal transformation. National compilation methods and seasonal treatment can differ.
Nominal and real annual growth are BIS-published year-on-year percentage changes versus the same quarter one year earlier. They are not quarter-on-quarter or annualised quarterly rates. All four measures retain source flags. Missing or restricted observations and forecasts are not substituted. The tracker does not interpolate gaps; the long historical BIS source itself may include estimates, splicing and interpolation from less frequent historical series.
Coverage differs across jurisdictions and over time. For example, the documented China series covers 70 cities, India’s recent series covers 18 cities, and Brazil covers metropolitan areas. The Japan history includes earlier residential land-price series. Source notes beside the selected country identify several material differences. Consult the BIS selected property-price documentation and BIS source overview before interpreting long-run or cross-country comparisons.
Default order starts with the same 15 economies as the companion global trackers, showing eight cards on mobile. Sorting by value or country name orders all available economies together, with the first 15 shown on desktop or the first eight on mobile. Expand the cards to see the rest. Common-period dates remain based on the original 15 primary economies. Euro-area aggregate data are retained as a separate economy; member countries overlap it. The World, Advanced economies and Emerging market economies aggregate series are excluded from this country-focused selection. The tracker does not build a world index by adding national indices.
Latest per economy uses each measure’s latest available quarter. Common period aligns cards and the full overview to the latest quarter shared by the 15 primary economies with available data. The chart and its metrics retain their own dated histories. Observations more than nine months behind and source checks older than seven days carry warnings.
The selected observations are quarterly. BIS updates its property-price data set monthly; commentary is published quarterly. One shared background check is scheduled daily, with bounded retries and backoff. Public rendering and the local read-only endpoint never contact BIS. Failed or incomplete responses retain the verified cache. WP-Cron or a host cron must run for automatic checks; source-check dates are not observation or publication dates.
Reuse follows the BIS terms of permitted use. Cite BIS and keep this tool and its BIS statistics free of any additional charge to subscribers or users. There is no BIS endorsement or affiliation. Charts and explanations are independent work by Silver Dominion. Any translation is not an official BIS translation. GPL covers the plugin code, not a new licence for the statistics. Source data are supplied without a warranty; this tool is informational.
House Prices by Country: Global Housing Market Trends
Housing markets play an important role in economic growth, household wealth and financial stability. Changes in property prices can reflect shifts in borrowing costs, housing demand and broader economic conditions.
The Global Housing Prices Tracker allows investors to compare house prices by country using official Bank for International Settlements (BIS) data. Historical indices and annual growth rates reveal how residential property markets have developed across major economies.
Housing trends also provide useful context when analyzing global economic indicators, particularly inflation, economic growth and monetary policy.
Nominal vs. Real House Price Indices
Understanding the difference between nominal and real house prices is essential when comparing housing markets.
- Nominal House Prices: Measure changes in residential property prices without adjusting for inflation.
- Real House Prices: Adjust nominal prices for consumer inflation, revealing changes in inflation-adjusted property values.
- Year-over-Year Growth: Shows how housing prices have changed compared with the same period one year earlier.
For example, if nominal property prices increase by 6% while consumer prices rise by 4%, the real increase is approximately 1.9%.
The Global Inflation Tracker provides additional context for understanding these differences.
How Interest Rates Affect Housing Markets
Mortgage costs are among the most important factors influencing housing demand. Higher interest rates generally increase borrowing costs, potentially reducing affordability and slowing price growth.
Lower borrowing costs may support demand, although housing supply, employment and household income also influence property markets.
Comparing housing trends with global interest rates and government bond yields helps investors understand changing financing conditions.
Housing activity is also connected to global GDP growth, as residential construction and household spending contribute to economic performance.
Official BIS Housing Data and Country Comparisons
The tracker uses official BIS residential property price statistics covering advanced and emerging economies.
Historical indices help identify housing booms, corrections and longer-term trends. However, index levels represent changes relative to a reference period, not actual property prices or housing affordability.
The selected BIS series generally use 2010 as their reference year and provide quarterly observations. Publication schedules and historical coverage vary between countries, and previously reported figures may be revised.
Combining housing data with inflation, interest rates and global money supply provides a broader perspective on monetary conditions and property market developments.
Frequently Asked Questions
What is the global house price index?
A global house price index tracks changes in residential property prices across countries over time. It helps investors, economists and homeowners understand housing market trends, price growth and potential corrections. International housing statistics are published by organizations such as the Bank for International Settlements (BIS).
How can I compare house prices by country?
House prices can be compared using nominal and real residential property price indices, along with annual growth rates. These measures reveal which housing markets are experiencing faster price increases or declines. However, index values represent relative changes rather than actual property prices, so they should not be used to compare the cost of purchasing homes directly between countries.
What is the difference between nominal and real house prices?
Nominal house prices measure changes in property values without adjusting for inflation. Real house prices account for changes in consumer prices, providing a clearer picture of housing values in inflation-adjusted terms. For example, property prices may increase in nominal terms while declining in real terms if inflation rises faster than housing prices.
Does a higher house price index mean housing is less affordable?
Not necessarily. A higher house price index indicates that property prices have increased relative to the reference period, but housing affordability also depends on household incomes, mortgage rates and borrowing conditions. Measures such as the house price-to-income ratio and mortgage payment burdens provide additional information about whether homes are becoming more or less affordable.
What causes house prices to rise or fall?
Housing prices are influenced by mortgage rates, household income, employment, population growth, housing supply and investor demand. Limited construction and strong demand can push prices higher, while rising borrowing costs or weaker economic conditions may reduce demand. Government housing policies and regional market differences also affect price trends.
How do interest rates affect housing prices?
Higher interest rates generally increase mortgage borrowing costs, making home purchases less affordable and potentially slowing housing price growth. Lower rates can support demand by reducing financing costs. However, housing prices do not always move in the opposite direction of interest rates because supply, employment, income growth and local market conditions also influence property values.
Where does global housing price data come from and how often is it updated?
The Global Housing Prices Tracker uses official residential property price statistics from the Bank for International Settlements (BIS). The BIS publishes internationally comparable housing price series for numerous economies, including nominal and inflation-adjusted indices. Data are generally available quarterly, although publication schedules and historical coverage vary by country. Previously published figures may also be revised.