Key findings from this year’s report
House prices, rents, and incomes were broadly flat in real terms over the past year, masking substantial differences across cities.
- Zurich and Tokyo are classified as being at high risk of a housing bubble.
- Seoul, Lisbon, Madrid, and Hong Kong recorded the strongest increases, with real house prices rising by around 10%.
- By contrast, Vancouver and Toronto recorded declines of roughly 10%.
- Frankfurt and Munich also recorded price drops, albeit at a more moderate pace.
Now in its 12th edition, the Global Real Estate Bubble Index analyzes residential property prices in 23 major cities around the world, with Lisbon and Seoul joining the city sample for the first time this year.
Download the report today
Read the Global Real Estate Bubble Index report for deeper insights into current global and regional real estate trends.
