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Countries With the Most Significant Increase in Housing Prices

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The data for the first quarter of the year.

Knight Frank has published a study of the Global House Price Index for the first quarter of 2022. Turns out, world housing prices for the year by the end of the first quarter of 2022 increased by 10.2% on average.

The Global House Price Index tracks the dynamics of average prices for residential real estate in 56 countries around the world. It shows both nominal and real term prices (adjusted for inflation) in local currency.

Key facts:

  • Housing price growth in 2021 exceeded 10% in nominal terms (excluding inflation) almost in half of the analyzed countries of the world, including the United States.
  • The pandemic and the military operation in Ukraine will lead to a global economic growth weakening due to rising inflation and a decrease in household disposable income around the world.
  • Turkey leads among the countries with the most significant increase in housing prices in 2021 with an indicator of 110% excluding inflation. However, taking inflation into account, which was about 70%, increased by only 30.3% in real terms prices.
  • The price decline in the first quarter happened in only three countries: Malaysia (-0.1% in nominal terms) and Morocco (-7.5% excluding inflation).
  • In Ukraine, in the first quarter, housing prices rose year on year by 15.9% excluding inflation and by 1.9% taking into account inflation. 

Change in housing prices in popular countries for the year to the end of the first quarter of 2022 (adjusted for inflation):

  1. Turkey +30.3%
  2. Spain -2.0%
  3. Bulgaria +1.5%
  4. Germany +5.0%
  5. Greece +3.7%
  6. Cyprus -2.1%
  7. Italy +0.1%
  8. Finland -3.5%
  9. Israel +10.1%
  10. France +4.2%
  11. United Kingdom +2.6%
  12. USA +10.9%
  13. Malta +4.0%
  14. Estonia +7.4%
  15. Czech Republic +18.1%
  16. Canada +11.1%
  17. Switzerland +3.0%
  18. Poland +3.1%

Propreties for sale in Turkey:
Flat for 70 000 euro in Alanya, Turkey
70 000 €
Flat in Alanya, Turkey
55 sq.m 2 1 1
Online Viewing Remote Transaction Credit
The offer on the secondary market is an apartment with a layout of 1+1 and an area of 55m2. The apartment has a living room combined with a corner kitchen area equipped with necessary furniture and appliances, a bedroom, a small entrance area, a bathroom and a spacious balcony overlooking the park area. The apartment is located on the 3rd...
PROFIT REAL ESTATE
Flat for 90 000 euro in Akbuk, Turkey
90 000 €
Flat in Akbuk, Turkey
70 sq.m 2 1 1
UMIT SEA VIEW VILLAS RESIDENCES & VILLAS - AKBUK / DIDIM1 + 1 apartment with garden, 70m2 brut / 53m2 net; € 90,000 *1 + 1 ground floor apartment, 75m2 brut / 63m2 net; € 96,000 * 2 + 1 apartments with garden, 89m2 brut / 68m2 net; from 105,000 to 110,000 euros *Garden terrace of 20m2 - 8 available2 + 1 apartments on the 1st floor, 92m2 brut...
Buona Realty
Apartment for 330 000 euro in Alanya, Turkey
330 000 €
Apartment in Alanya, Turkey
197 sq.m 5 4
Residence Remote Transaction
The real estate agency "MAXXPROPERTY" offers you a new project of a residential complex, which is located in the prestigious Oba district of the city of Alanya. The construction works of the residential complex are carried out using modern technologies and building materials. The residential complex has a rich infrastructure, on which there are...
Maxxproperty. Hekimoglu construction
Flat for 245 000 euro in Antalya, Turkey
245 000 €
Flat in Antalya, Turkey
90 sq.m 3 2 1
From the owner, modern apartments are offered for sale in a homely residential complex located in the prestigious Gursu microdistrict! The 2+1 apartment is located on the 2nd floor. This layout includes: 2 bedrooms, a spacious living room, an American-style kitchen, a bathroom and a balcony. There is an entrance hall, laminate flooring,...
Ataberk estate
Flat for 101 000 euro in Alanya, Turkey
101 000 €
Flat in Alanya, Turkey
50 sq.m 2 1 1
Residence Online Viewing Remote Transaction Credit
We are pleased to present a new premium class project in the Mahmutlar district of Alanya. It is high quality with a unique concept. The complex will be located in the new center of the developed Mahmutlar district. You can easily reach the equipped beach and the promenade, the weekly farmer's market is 150 meters away, the Ataturk road is 100...
Zera Homes
Apartment in Alanya, Turkey (price on request)
Price on request
Apartment in Alanya, Turkey
120 sq.m 3 2 2
Residence
CLEOPATRA RESIDENCE FACTSHEET GENERAL A total land of 2800 m2 3 blocks Totally 80 units in 3 blocks: 48 units1+1 apartments 19 units2+1 duplex penthouses 12 units2+1 garden duplexes 1 unit3+1 duplex penthouse Starting date February 2018 Delivery date April2019 LOCATION Cleopatra Beach350 m Shops and...
Trust Point
Apartment for 135 000 euro in Alanya, Turkey
135 000 €
Apartment in Alanya, Turkey
65 sq.m 2 1 1
Residence Remote Transaction
The real estate agency "MAXXPROPERTY" offers you an apartment in a luxury complex, which is located 1000 meters from the Mediterranean Sea. Geographically, the complex is located in the Mahmutlar district of Alanya. The complex has a modern developed infrastructure that offers services comparable to a 5* hotel. Apartment: 1+1 Area: 65 m2...
Maxxproperty. Hekimoglu construction
Flat for 250 000 euro in Antalya, Turkey
250 000 €
Flat in Antalya, Turkey
95 sq.m 3 2 2
Residence
From a prestigious construction company, high-quality apartments! The complex has an indoor and outdoor swimming pool, covered parking, fitness center, sauna, children's room, cinema, playground, 24-hour security and landscaping. 2+1 95 sq.m. 2 bathrooms with separate kitchen 3+1 135 sq.m. 2 bathrooms with separate kitchen 4+1 175 sq.m....
MyAntalya Real Estate
Penthouse for 135 000 euro in Alanya, Turkey
135 000 €
Penthouse in Alanya, Turkey
120 sq.m
Residence
Furnished 2+1 apartment with separate kitchen in Kargicak district – buy in Mayalanya
Mayalanya Group
Villa for 570 500 euro in Izmir, Turkey
570 500 €
Villa in Izmir, Turkey
326 sq.m 5 5 4
Citizenship Online Viewing Remote Transaction
"ONAG Sasalı Villas 2" will provide you with a quality and peaceful life, you can have breakfast, lunch and dinner on a comfortable outdoor terrace surrounded by a forest overlooking the pool. The complex is located next to Chacabay College and Wildlife Park. It includes 18 villas ranging from 360 to 390 square meters.
İzmir Estate
Flat for 385 000 euro in Alanya, Turkey
385 000 €
Flat in Alanya, Turkey
110 sq.m 3 2 2
Residence Online Viewing Remote Transaction Payment in RUB Credit
For sale a furnished 2+1 apartment in one of the most elite residential complexes in the premium location of Alanya. The apartment is located on the 7th floor and has a total area of 110 sq.m. The layout of the apartment includes an American-style kitchen-living room, 2 bedrooms, 2 bathrooms and 2 balconies with views of the endless...
Liga Real Estate
Flat for 88 000 euro in Mersin, Turkey
88 000 €
Flat in Mersin, Turkey
55 sq.m 2 1 1
Residence Online Viewing Remote Transaction
We offer apartments with a layout of 1 + 1 and 2 +1 with sea views in a complex under construction in the neighborhood of Teje, Mezitli from the company "Zera Homes", with an area of 55 m2 to 96 m2. The construction of the complex will be completed in 2022. The layout of the apartments implies a living room combined with a kitchen, and the...
Zera Homes
Flat for 204 500 euro in Alanya, Turkey
204 500 €
Flat in Alanya, Turkey
160 sq.m
Residence
Why it is necessary to take: Location. The apartment is located in Oba district. Oba is a popular area, part of Alanya, ecologically clean air, equipped beaches, high service and comfort attract wealthy foreigners. A cozy atmosphere is created by a beautiful embankment, green squares and parks, children's and sports grounds. The infrastructure...
Mayalanya Group
Flat for 308 000 euro in Alanya, Turkey
308 000 €
Flat in Alanya, Turkey
290 sq.m 5 4 3
Residence Online Viewing Remote Transaction Payment in RUB
We present to your attention an apartment in Jikjilli 4+ 1 with a view of the sea and the Fortress in a complex built in 2015. The area of the apartment is 290 m2. The layout of the apartment includes a living room, a separate kitchen, 3 bedrooms, 2 bathrooms, 3 balconies. The apartment has a high-quality renovation with the use of modern...
Zera Homes
Flat for 239 500 euro in Alanya, Turkey
239 500 €
Flat in Alanya, Turkey
124 sq.m 2 1
Residence
IVM-A-2333. New construction project in MahmutlarProfitable investment. New apartments under construction in a luxury complex at an affordable price, with installments. Mahmutlar is one of the highly developed areas of the city of Alanya. Resort town on the Mediterranean coast. To the sea 660 m Migros store 200 m To the market 100 m To the...
Red Feniks Turkey
Flat for 140 000 euro in Alanya, Turkey
140 000 €
Flat in Alanya, Turkey
79 sq.m 2 1 1
Residence Online Viewing Remote Transaction
The real estate agency "MAXXPROPERTY" offers you a new project of a residential complex a few minutes from the Mediterranean Sea. The residential complex is located in the ecologically clean area of Kargicak. The complex is located in a closed area and has a modern infrastructure. Location: Kargicak To the sea: 300 m. To the airport: 25 km....
Maxxproperty. Hekimoglu construction
Apartment for 130 000 euro in Alanya, Turkey
130 000 €
Apartment in Alanya, Turkey
68 sq.m 3
Residence
In December 2021, the construction of a new residential complex in the most prestigious area of Alanya, near Cleopatra Beach, started. Two 5-storey blocks, united by a common territory and infrastructure, will be located on a plot of land with an area of 1380 sq.m. The complex will have a landscaped garden, a summer swimming pool, a gym, a...
Azpo
Penthouse for 76 000 euro in Alanya, Turkey
76 000 €
Penthouse in Alanya, Turkey
54 sq.m 3
Residence
The construction of the complex will start in September 2022 in the area of Alanya, Payallar. Two 8-storey blocks (104 apartments) with a common area will be located on a plot of 4302 sq.m. Infrastructure: summer and winter swimming pools, Finnish sauna, Roman steam room, Turkish hammam, massage rooms, gym, playroom, playground, cafe, electric...
Azpo
Flat for 90 000 euro in Alanya, Turkey
90 000 €
Flat in Alanya, Turkey
55 sq.m 2 1 1
Residence Online Viewing Remote Transaction Credit
One-bedroom apartment in a new complex in the Oba district We offer for sale a cozy, bright two-room apartment with a total area of 55 m2 with an American-style living room (combined with a kitchen), a bedroom, a bathroom and a large balcony. The apartment is located on the 4th floor of a 6-storey building, built in 2021 (the house is equipped...
TURKEY INVEST PROPERTY
Penthouse for 79 500 euro in Alanya, Turkey
79 500 €
Penthouse in Alanya, Turkey
55 sq.m 2
Residence
Construction of a new residential complex will start in early July 2022. One 12-storey block (84 apartments) with adjacent house territory will be located on a plot of 3000 sq.m. in the area of Alanya, Mahmutlar. Infrastructure: summer swimming pool, sauna, steam room, hammam, massage rooms, gym, table tennis, sports playground for team games,...
Azpo

Source: Knight Frank 

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