Global house prices declined in real terms by 0.8% year on year (yoy) in Q2 2025, slightly less compared with the previous quarter (–1.0%). In advanced economies (AEs), real house prices continued to increase, albeit at a slower pace (0.6%), while the price decline in emerging market economies (EMEs) moderated (to –1.9%). Over 70% of AEs and 50% of EMEs experienced moderate residential property price growth (0–10%) in Q2 2025. From a longer-term perspective, real house prices have more than doubled in Türkiye since the Great Financial Crisis (GFC) of 2007–09, while they remain below their 2010 levels in Italy, South Africa and China.
This information was gathered from the Bank for International Settlements
