The data from 2024 shows that countries like Hungary, Russia, and the Czech Republic recorded the highest nominal house price indices in thousands, indicating a substantial rise in housing market values.
From 2023, Canada experienced a 6.21% increase in house prices, China 2.42%, and Brazil a modest 0.83%. This illustrates strong growth in certain countries, with variations reflecting unique economic conditions.
Future trends to watch include the potential impact of fluctuating global economic factors. Market dynamics such as interest rates and inflation will likely influence house price indices in 2024 and beyond, with significant implications for countries with rapid price increases.
Top countries in Nominal House Price Indices by Country
| # | 10 Countries | Indexes | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 254.52 | 2022 | +22.34% | +14.87% | View data |
| 2 | 2 Russia | 225.51 | 2022 | +28.66% | +15.7% | View data |
| 3 | 3 Czech Republic | 215.27 | 2022 | +16.85% | +12.46% | View data |
| 4 | 4 Iceland | 214.85 | 2022 | +21% | +10.37% | View data |
| 5 | 5 Lithuania | 195.05 | 2022 | +19.05% | +11.18% | View data |
| 6 | 6 Portugal | 190.17 | 2022 | +12.63% | +10.2% | View data |
| 7 | 7 Luxembourg | 188.6 | 2022 | +9.55% | +10.99% | View data |
| 8 | 8 Estonia | 186.76 | 2022 | +22.24% | +11.06% | View data |
| 9 | 9 Netherlands | 186.32 | 2022 | +13.44% | +10.52% | View data |
| 10 | 10 Latvia | 184 | 2022 | +13.83% | +9.29% | View data |
