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 Q4 2025, across 35 markets, real house prices rose fastest in Portugal (+16.3%), Croatia (+12.0%), and Spain (+9.6%); they fell most in China (-6.3%), Canada (-5.5%), and New Zealand (-4.2%). 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)

Portugal +16.3%
Croatia +12.0%
Spain +9.6%
Czech Republic +8.0%

Falling fastest (real)

China -6.3%
Canada -5.5%
New Zealand -4.2%
Finland -3.2%

Country	Year-over-year (real)	Year-over-year (nominal)	Real index	Guide
Portugal	+16.3%	+18.9%	196.2	Sell yourself in Portugal
Croatia	+12.0%	+16.0%	147.3	Sell yourself in Croatia
Spain	+9.6%	+12.9%	102.2	Sell yourself in Spain
Czech Republic	+8.0%	+10.4%	159.6	Sell yourself in Czech Republic
Cyprus	+7.6%	+7.1%	87.7	Sell yourself in Cyprus
Denmark	+5.5%	+7.6%	132.5	Sell yourself in Denmark
Greece	+5.2%	+7.6%	96.1	Sell yourself in Greece
Mexico	+5.1%	+8.9%	153.5	Sell yourself in Mexico
Australia	+4.0%	+7.8%	140.4	Sell yourself in Australia
Ireland	+3.9%	+7.0%	146.0	Sell yourself in Ireland
Switzerland	+3.9%	+3.9%	161.4	Sell yourself in Switzerland
Netherlands	+3.1%	+6.1%	132.6	Sell yourself in Netherlands
India	+3.0%	+3.6%	162.6	Sell yourself in India
Italy	+2.9%	+4.1%	75.9	Sell yourself in Italy
Norway	+2.8%	+5.9%	131.3	Sell yourself in Norway
Japan	+2.3%	+5.0%	121.4	Sell yourself in Japan
Singapore	+2.1%	+3.3%	120.4	Sell yourself in Singapore
Poland	+1.8%	+4.3%	121.8	Sell yourself in Poland
South Africa	+1.8%	+5.4%	89.5	Sell yourself in South Africa
Belgium	+1.3%	+3.5%	109.7	Sell yourself in Belgium
Germany	+0.9%	+3.0%	129.3	Sell yourself in Germany
Sweden	+0.7%	+1.2%	131.0	Sell yourself in Sweden
France	+0.1%	+1.0%	100.2	Sell yourself in France
Philippines	-0.1%	+1.6%	177.1	Sell yourself in Philippines
Brazil	-0.3%	+4.2%	91.1	Sell yourself in Brazil
Turkey	-0.7%	+30.6%	220.8	Sell yourself in Turkey
United Kingdom	-0.9%	+2.5%	110.5	Sell yourself in United Kingdom
South Korea	-1.6%	+0.7%	105.7	Sell yourself in South Korea
United States	-1.8%	+0.9%	158.4	Sell yourself in United States
Austria	-1.8%	+2.1%	136.5	Sell yourself in Austria
Indonesia	-1.9%	+0.8%	94.4	Sell yourself in Indonesia
Finland	-3.2%	-3.2%	77.8	Sell yourself in Finland
New Zealand	-4.2%	-1.3%	157.5	Sell yourself in New Zealand
Canada	-5.5%	-3.4%	142.3	Sell yourself in Canada
China	-6.3%	-5.7%	86.8	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.

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BestFSBOGuide.com. "Residential house prices by country (BIS real index)." As of Q4 2025. 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.