In 2024, the United Arab Emirates exhibited the highest inflation-adjusted increase in house prices among the Middle Eastern and African countries under observation. In the first quarter of the year, house prices in the United Arab Emirates grew by over 16 percent in real terms, whereas globally, prices declined by one percent. These figures are based on the development of the real house price index, with 2010 chosen as a baseline year. When looking at the long-term index development, Israel observed the biggest increase in prices in the region throughout the period.
Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024
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Bank for International Settlements. (September 26, 2024). Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/
Bank for International Settlements. "Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024." Chart. September 26, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/
Bank for International Settlements. (2024). Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/
Bank for International Settlements. "Annual Percentage Change in The House Price Index (Inflation-adjusted) in Select Countries in The Middle East and Africa (Mea) from 1st Quarter 2010 to 1st Quarter 2024." Statista, Statista Inc., 26 Sep 2024, https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/
Bank for International Settlements, Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/ (last visited December 22, 2024)
Annual percentage change in the house price index (inflation-adjusted) in select countries in the Middle East and Africa (MEA) from 1st quarter 2010 to 1st quarter 2024 [Graph], Bank for International Settlements, September 26, 2024. [Online]. Available: https://www.statista.com/statistics/1498347/real-house-price-index-change-mea-by-country/
