Global House Price Index
The GHPI tracks the movement in mainstream house prices across 56 countries and territories around the world using data from official sources.
Key findings:
House prices across 56 countries and territories are still rising at a rate of 8.8% per annum, down from 10.9% at their peak in Q1 2022
However, in real terms, when accounting for inflation, house prices are now declining by 0.3% year-on-year
48 of the 56 countries and territories tracked by the index are still registering price growth on annual basis, 21 of these are still registering double digits price growth.
Only six countries and territories recorded a decline in prices in the year to Q3 2022, these include South Korea, Hong Kong, Peru, the Chinese mainland, New Zealand and Morocco.
