The analysis of Global Imputed Rentals for Housing CPI shows significant variability among countries. Iceland, with a value of 21.624, has the highest rent value index, demonstrating an increase of 8.91% year-on-year, leading global trends. Sweden and New Zealand follow closely, with values of 16.627 and 16.94 respectively, and show high year-on-year growth with Sweden at 9.77% and New Zealand at 7.74%. In contrast, countries like Denmark and Norway display lower index values and more modest growth rates of 1.59% and 2.04%. The United States shows moderate growth at 4.36%.
Over the last five years, the compound annual growth rate (CAGR) in these numbers indicates steady growth across most countries, with noticeable acceleration in the Nordic regions. This trend could persist as economic conditions stabilize globally.
Future trends to watch include:
- The impact of economic recovery post-pandemic on imputed rental values.
- Potential long-term transformations in housing markets driven by remote work cultures.
- Inflationary pressures and their impact on rental costs across different economies.
- Government policies and housing market interventions that may alter rental dynamics.
Top countries in Imputed Rentals for Housing CPI by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 216.24 | 2023 | +12.76% | +8.91% | View data |
| 2 | 2 New Zealand | 169.4 | 2023 | +6.87% | +7.74% | View data |
| 3 | 3 Sweden | 166.27 | 2023 | +28.13% | +9.77% | View data |
| 4 | 4 United States | 136.47 | 2023 | +7.47% | +4.36% | View data |
| 5 | 5 Colombia | 131.04 | 2023 | +5.81% | +3.07% | View data |
| 6 | 6 South Africa | 127.93 | 2023 | +2.79% | +2.29% | View data |
| 7 | 7 Israel | 124.55 | 2023 | +5.88% | +3.2% | View data |
| 8 | 8 Australia | 122.93 | 2023 | +6.93% | +2.27% | View data |
| 9 | 9 Mexico | 121.46 | 2023 | +3.32% | +2.58% | View data |
| 10 | 10 United Kingdom | 118.5 | 2023 | +4.59% | +2.33% | View data |
