Asia: House Price Changes, 5 Yrs (%)

Footnote

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ChinaPrice change for period ending Apr 2008   109.78%
Hong KongPrice change for period ending Mar 2008   105.07%
SingaporePrice change for period ending Q1 2008   55.30%
PhilippinesPrice change for period ending Q4 2007   48.44%
ThailandPrice change for period ending Q3 2007   29.82%
TaiwanPrice change for period ending Q1 2008   28.54%
MalaysiaPrice change for period ending Q4 2007   17.93%
South KoreaPrice change for period ending Mar 2008   6.18%
IndonesiaPrice change in real terms, for period ending Q1 2008   -9.52%
JapanPrice change for period ending H1 2008   -16.72%

 

 

Asia: Price changes, 5 years (%)

The percentage changes in house prices (or the house price index) over 5 years using the latest data available, not adjusted for inflation.


Source: Various sources

 

Statistics in Asia. Asia has surprisingly good house price statistics, though the quality varies greatly. The ex-British colonies tend to have good house price statistics – Hong Kong, Singapore and Malaysia all have excellent houses price time series, the best being Hong Kong, where the data is arguably richer than in the UK, since there are official rents statistics. However in the Indian sub-continent, only India has house price statistics, and this only in a new series, not yet available on the web.

Japan publishes no house price statistics. Its ex-colonies do better: Korea has a good house price time-series, and Taiwan also has one.

Indonesia has house price statistics, and so does China (both of questionable quality). In Thailand, the Bank of Thailand publishes a time-series. In the Philippines, Colliers produces residential property data.

No house-price time-series are produced in Vietnam, Cambodia, or Laos.