In 2024, New Zealand was the country with the highest inflation-adjusted increase in house prices since 2010 among the Asia-Pacific (APAC) countries under observation. In the first quarter of the year, the real house price index in New Zealand reached nearly 170 index points. This means that, adjusted for inflation, house prices grew 70 percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.
Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024
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Bank for International Settlements. (September 26, 2024). Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/
Bank for International Settlements. "Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024." Chart. September 26, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/
Bank for International Settlements. (2024). Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/
Bank for International Settlements. "Quarterly House Price Index (Inflation-adjusted) in Select Countries in The Asia-pacific Region (Apac) from 1st Quarter 2010 to 1st Quarter 2024." Statista, Statista Inc., 26 Sep 2024, https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/
Bank for International Settlements, Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/ (last visited November 19, 2024)
Quarterly house price index (inflation-adjusted) in select countries in the Asia-Pacific region (APAC) from 1st quarter 2010 to 1st quarter 2024 [Graph], Bank for International Settlements, September 26, 2024. [Online]. Available: https://www.statista.com/statistics/1498372/real-house-price-index-apac-by-country/