Investment Analysis

House prices rose in 49 countries, and declined in only 9, of the 58 world’s housing markets which have so far published housing statistics during Q2 2022. But this is actually an illusion! High inflation in most countries makes it appear that house prices are still rising strongly.

Most of the world’s property markets are booming. House prices rose in 49 countries, and declined in only 10, of the 59 world’s housing markets which have so far published housing statistics, during the past year. (Property statistics are usually issued with a delay of 3 months - these Q1 2022 statistics are the latest stats available).

During 2021 house prices rose in 49 countries, and declined in only 7 of the 56 world’s housing markets which have published housing statistics. Particularly in the U.S., Pacific and some parts of Europe, house prices have continued to rise strongly.

In its October 2021 World Economic Outlook Update, the International Monetary Fund (IMF) projects the global economy to grow by 5.9% this year, amidst accelerated vaccine distribution and new government stimulus efforts in many countries, particularly in advanced economies. The global economy contracted by 3.5% last year.