mortgage interest rates, increased overall in response to rising inflation and economic instability.
House price growth slowed down in many countries worldwide in 2022 compared to the year before. Conversely, in Turkey, Vietnam, Russia, Sri Lanka, Georgia, and Mexico, house prices continued to grow. Adjusted for inflation, the annual house price increase in Turkey measured a staggering 63 percent. In the United States, on the other hand, price growth felt from 10.5 percent to 1.2 percent. In 2022, Annual change in house prices in selected countries worldwide from 2021 to 2022
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Global Property Guide. (May 24, 2023). Annual change in house prices in selected countries worldwide from 2021 to 2022 [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/
Global Property Guide. "Annual change in house prices in selected countries worldwide from 2021 to 2022." Chart. May 24, 2023. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/
Global Property Guide. (2023). Annual change in house prices in selected countries worldwide from 2021 to 2022. Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/
Global Property Guide. "Annual Change in House Prices in Selected Countries Worldwide from 2021 to 2022." Statista, Statista Inc., 24 May 2023, https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/
Global Property Guide, Annual change in house prices in selected countries worldwide from 2021 to 2022 Statista, https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/ (last visited May 11, 2024)
Annual change in house prices in selected countries worldwide from 2021 to 2022 [Graph], Global Property Guide, May 24, 2023. [Online]. Available: https://www.statista.com/statistics/1251989/annual-house-price-change-globally-by-country/