In 2020, Hong Kong had the most expensive residential property market worldwide, with an average property price of 1.25 million U.S. dollars. The government of Hong Kong provide public housing for lower-income residents and almost 45 percent of the Hong Kong population lived in public permanent housing in 2018.
Most expensive residential property markets worldwide in 2020
(in 1,000 U.S. dollars)
Characteristic
Average price of property in thousand U.S. dollars
Hong Kong
1,254.44
Munich
1,000
Singapore
915.6
Shanghai
905.83
Shenzhen
783.86
Beijing
763.5
Vancouver
754.62
Los Angeles
717.58
Paris
650.55
New York
646.03
Created with Highcharts 7.2.2Average price of property in thousand U.S. dollars1,254.441,254.441,0001,000915.6915.6905.83905.83783.86783.86763.5763.5754.62754.62717.58717.58650.55650.55646.03646.03Hong KongMunichSingaporeShanghaiShenzhenBeijingVancouverLos AngelesParisNew York
02505007501,0001,2501,500
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Tatler Asia. (June 9, 2020). Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved April 09, 2025, from https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/
Tatler Asia. "Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars)." Chart. June 9, 2020. Statista. Accessed April 09, 2025. https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/
Tatler Asia. (2020). Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: April 09, 2025. https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/
Tatler Asia. "Most Expensive Residential Property Markets Worldwide in 2020 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 9 Jun 2020, https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/
Tatler Asia, Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/ (last visited April 09, 2025)
Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars) [Graph], Tatler Asia, June 9, 2020. [Online]. Available: https://www.statista.com/statistics/1040698/most-expensive-property-markets-worldwide/
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