Reference data

House prices around the world

Where home prices are rising and falling, in 35 markets, using one consistent measure so the countries are actually comparable. We lead with the real (inflation-adjusted) change, which strips out the currency noise that makes nominal numbers misleading.

What the data shows

As of Q1 2026, across 35 markets, real house prices rose fastest in Portugal (+15.2%), Croatia (+10.0%), and Spain (+9.9%); they fell most in China (-7.1%), Canada (-6.8%), and New Zealand (-3.7%). Real change is the honest cross-country comparison: a market with high inflation can post a large nominal rise while prices barely move in real terms.

Rising fastest (real)

Falling fastest (real)

Country Year-over-year (real) Year-over-year (nominal) Real index Guide
Portugal +15.2% +17.8% 203.8 Sell yourself in Portugal
Croatia +10.0% +14.3% 151.1 Sell yourself in Croatia
Spain +9.9% +12.8% 105.2 Sell yourself in Spain
Czech Republic +8.3% +10.1% 161.6 Sell yourself in Czech Republic
Cyprus +6.9% +7.6% 89.8 Sell yourself in Cyprus
Australia +5.7% +10.0% 141.9 Sell yourself in Australia
Denmark +5.5% +7.6% 132.5 Sell yourself in Denmark
Switzerland +4.5% +4.7% 163.2 Sell yourself in Switzerland
Mexico +4.4% +8.7% 154.5 Sell yourself in Mexico
Italy +3.8% +5.2% 75.7 Sell yourself in Italy
Ireland +3.7% +6.8% 146.5 Sell yourself in Ireland
Poland +3.5% +6.0% 122.9 Sell yourself in Poland
Netherlands +3.1% +6.1% 132.6 Sell yourself in Netherlands
South Africa +2.7% +6.0% 90.3 Sell yourself in South Africa
Greece +2.6% +5.7% 97.0 Sell yourself in Greece
Japan +2.3% +5.0% 121.4 Sell yourself in Japan
Sweden +2.1% +2.6% 133.4 Sell yourself in Sweden
Singapore +2.1% +3.3% 120.4 Sell yourself in Singapore
Philippines +1.6% +4.5% 183.4 Sell yourself in Philippines
India +1.1% +4.2% 161.9 Sell yourself in India
Belgium +0.6% +2.0% 107.7 Sell yourself in Belgium
Norway +0.5% +3.8% 134.2 Sell yourself in Norway
Brazil +0.2% +4.3% 91.1 Sell yourself in Brazil
Austria -0.1% +2.4% 137.2 Sell yourself in Austria
South Korea -0.3% +1.8% 105.7 Sell yourself in South Korea
France -0.8% +0.2% 99.1 Sell yourself in France
Germany -0.8% +1.4% 128.5 Sell yourself in Germany
United Kingdom -1.9% +1.2% 109.3 Sell yourself in United Kingdom
United States -2.1% +0.6% 156.4 Sell yourself in United States
Finland -2.6% -2.0% 77.0 Sell yourself in Finland
Indonesia -3.2% +0.6% 93.5 Sell yourself in Indonesia
Turkey -3.3% +26.7% 216.6 Sell yourself in Turkey
New Zealand -3.7% -0.8% 156.6 Sell yourself in New Zealand
Canada -6.8% -4.8% 140.4 Sell yourself in Canada
China -7.1% -6.3% 85.1 Sell yourself in China

Tap a column heading to re-sort. Sorted by real year-over-year change, fastest-rising first.

Use or cite this data

Free to reuse with credit under CC BY 4.0, with attribution to the underlying source (BIS via FRED). Download the table or copy a citation.

Download CSV

BestFSBOGuide.com. "Residential house prices by country (BIS real index)." As of Q1 2026. https://www.bestfsboguide.com/house-prices-by-country

Writing about this? The dataset is free to reuse with credit, and we are glad to share the method or give a comment. Email editors@bestfsboguide.com.

Common questions about house prices by country

What is the difference between real and nominal house prices?

Nominal house prices are the raw index values before adjusting for inflation. Real house prices are CPI-deflated, so inflation is removed. This table leads with the real change and shows the nominal change alongside it for each country.

Why compare house prices in real terms across countries?

Comparing in real terms is the fairer cross-country measure because it strips out inflation. A market with high inflation can post a large nominal rise while prices barely move in real terms, which makes nominal numbers misleading when ranking countries side by side.

What does the house price index base of 2010 = 100 mean?

The index is rebased by BIS so each country’s value equals 100 in 2010. Because of this, the index level is only meaningful against that same country’s own history, not across countries. The comparable number between countries is the year-over-year change.

Where does this house price data come from?

The figures are the BIS Residential Property Price index for each country, retrieved via FRED. Each row links to its source data series, and the dataset is free to reuse with attribution to BIS via FRED under CC BY 4.0.

How often are these house price figures updated?

The figures are refreshed each quarter. The page shows the quarter the data is current as of, and the same as-of date is recorded in the dataset citation you can copy or download from the page.

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