Average prices across 56 major global housing markets increased again last quarter, with average annual growth now at 3.9% across our basket. This latest uptick means that prices are rising at their fastest rate since Q4 2022.

Price growth continues to gather pace across global housing markets, with our latest results confirming that prices are now rising at their fastest pace since the end of 2022.

Of the 56 markets monitored, only 18 saw prices decline on an annual basis in Q4, a decrease from 21 in Q3. On a quarterly basis, prices dropped in 18 markets, down from 24 in the previous quarter.

The resurgence in house prices has led to positive real price growth, with a 0.1% increase in inflation-adjusted terms over the 12 months leading up to the end of Q4 2023.