House Price Time Series

We collect house price time-series for 58 countries. For the rest of the world, reliable historical data is just not available.

House Price Change - Case Shiller index
% change over a year earlier (United States 3.57%)

	>>	Australia 18.36%
	>>	Bulgaria -9.65%
	>>	Canada 2.89%
	>>	China 8.57%
	>>	France -1.46%
	>>	Portugal -0.6%
	>>	Singapore 38.18%
	>>	Spain -3.75%
	>>	UAE 6.549%
	>>	UK 9.54%
	>>	Latest house price changes for all countries >>

In these 58 countries, by preference we use central bank or national statistical institute data. But occasionally, we use data generated by realtors (Colliers for the Philippines).

Rentals

Few countries generate ‘clean’ rentals time series (most CPI-based rentals series are compromised by the inclusion of social housing). Since the number of countries with reliable rents data is too small to be interesting, we don’t collect this data.

Global Property Guide yields data

The significant weaknesses in the available time-series data is the main reason that the Global Property Guide’s in-house research team generates house price and rentals data for around 100 countries. However this yields data is not a time series, because we have just started collecting it.

Click here for our yields data. We began collecting data this systematically last year. A version of this yields data, in Excel, tailored to the needs of financial institutions is available here.

Sources of the house-price time-series

A complete list of all the sources of our house price time-series, with live links to the sites that supply the data.

Quality of statistics

The house price time-series from Spain and Cyprus are known to be unreliable, and we doubt eHomeday’s statistics in China. Comments on the quality of country house price time-series are found under the individual country graphs here.

One reason for poor statistics, is that governments normally use house sales to collect taxes. Individuals therefore have strong incentives to under-report sale prices. Most statistical bodies in developing countries realize this, and sensibly do not attempt to collect property price statistics. The Global Property Guide believes that in most developing countries it is better to use offer-for-sale and offer-for-rent prices.

al bodies in developing countries realize this, and sensibly do not attempt to collect property price statistics. The Global Property Guide believes that in most developing countries it is better to use offer-for-sale and offer-for-rent prices.

The house price time-series are available in handy form in one Excel spread-sheet, regularly updated, for a price, here.