- Global real residential property prices1 increased by 2.1% year on year in aggregate in the first quarter of 2019. The rise was more pronounced in the emerging market economies than in the advanced ones (2.6% versus 1.5%).
- In real terms, residential property prices are well above their levels immediately post-crisis in both advanced and emerging market economies, by 18% and 14% respectively.
- Among G20 economies, China saw the strongest annual real house price inflation in the first quarter of 2019. Prices also increased rapidly in Mexico and in Germany, while Brazil, Australia and Turkey experienced the steepest declines.
- Since the 2007–09 Great Financial Crisis (GFC), prices have increased the most in India, Canada, Germany and the United States. In contrast, they have remained significantly below their post-crisis levels in Italy and Russia.