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What happened to house prices

In 40 of the 53 large cities surveyed around the world, there has been an increase in housing prices in the fourth quarter of last year compared to the same period in 2019, according to data from an analysis of the specialized site Global Property Guide.

The strongest increase was in New Zealand – 16.77%. Sri Lanka and Puerto Rico follow, with 15.47% and 14.59%, respectively. Slovakia and Turkey are also in the TOP 5. In the first increase in the price per square meter of living space was 14.28%, and in our southern neighbor – 13.7%.

At the other end of the list are the Philippines. There, in the last quarter of last year, housing prices fell by 16.11% compared to the same period in 2019. In Egypt the decrease is 14.38%, and in Montenegro – 10.45%. The top 5 also includes Phnom Penh in Cambodia – 8.8% decline and Qatar with a depreciation of housing of 4.78%.