Annual inflation-adjusted change in house prices in select APAC countries 2010-2024

Published by Statista Research Department, Nov 5, 2024

In 2024, the Australia exhibited the highest inflation-adjusted increase in house prices among the Asia-Pacific countries under observation. In the first quarter of the year, house prices in Australia grew by 5.7 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, New Zealand observed the biggest increase in prices in the region.

Annual percentage change in the 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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Release date

September 2024

Region

Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, APAC

Survey time period

Q1 2010 to Q1 2024

Supplementary notes

The house price index measures the development of residential property prices, with 2010 as a baseline year and a value of 100. 

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