_Global House Price Index Q4 2020

The data in this report is backward looking and covers the period up to 31 March 2020 when Covid-19 was at its peak in parts of Asia but had yet to take its toll on large parts of Europe, North and South America.

As we’ve outlined in our regular daily research updates we expect the pandemic to hit sales volumes harder than prices but it is likely to be Q2 or Q3 before the true impact on prices is known.

Key Findings:

• Global residential prices are rising at their fastest rate in nearly three years, with 89% of countries and territories witnessing price increases in 2020
• Prices increased by 5.6% on average in 2020, up from 5.3% in 2019
• Q1 2018 is the last time the index’s annual growth exceeded 5.6%
• New Zealand is APAC’s top-performing country, with 19% annual price growth
• Singapore reported a 3% increase from Q3 2020 to Q4 2020.

Full report on the Global House Price Index Q4 2020 here.