Explore the Top 30 Countries by Average House Price Increase in 2024. This comprehensive ranking highlights the countries with the fastest rising property prices, driven by factors such as inflation, housing demand, and supply shortages. From Turkey’s sharp price surge to steady growth in the United States, discover which global markets are seeing the biggest changes in housing affordability and investment potential.

Discover the Top 30 Countries with the Highest House Price Increases in 2024:

1. 🇹🇷 Turkey: Significant growth due to inflation, with house prices surging by 75.5%
2. 🇵🇱 Poland: 13% growth, strong demand driving prices
3. 🇨🇴 Colombia: 12.4% growth, steady price increase
4. 🇬🇷 Greece: 11.8%, housing market remains strong
5. 🇭🇷 Croatia: 10.9% increase, coastal demand contributing to the rise
6. 🇧🇬 Bulgaria: 10.1%, due to limited supply and demand
7. 🇲🇽 Mexico: 10%, rising demand pushing prices higher
8. 🇹🇼 Taiwan: 8.0%, stable price growth in housing
9. 🇮🇳 India: 7.7%, driven by urban demand
10. 🇲🇹 Malta: 7.5%, experiencing high demand in a limited space
11. 🇦🇺 Australia: 7.5%, recent surge after a temporary decline
12. 🇲🇰 North Macedonia: 7.0%, steady rise
13. 🇸🇮 Slovenia: 6.8%, strong demand pushing prices higher
14. 🇸🇬 Singapore: 6.6%, consistent growth
15. 🇨🇾 Cyprus: 6.5%, rising in tandem with tourism
16. 🇪🇪 Estonia: 5.8%, showing resilience
17. 🇺🇸 United States: 5.6%, market growth despite high interest rates
18. 🇵🇹 Portugal: 5.3%, driven by foreign demand
19. 🇪🇸 Spain: 5.3%, recovering from past downturns
20. 🇧🇷 Brazil: 5.1%, sustained growth in major cities
21. 🇯🇵 Japan: 4.9%, stable housing market
22. 🇷🇴 Romania: 4.8%, growing demand in urban centers
23. 🇺🇦 Ukraine: 4.7%, moderate growth despite conflict
24. 🇮🇸 Iceland: 4.2%, small but consistent growth
25. 🇮🇪 Ireland: 4.1%, recovery after a housing crisis
26. 🇰🇷 South Korea: 3.5%, limited growth in the housing market
27. 🇨🇦 Canada: 3.0%, cooling after rapid increases in recent years
28. 🇩🇰 Denmark: 2.8%, steady demand
29. 🇳🇱 Netherlands: 2.0%, experiencing a slowdown
30. 🇮🇹 Italy: 1.8%, modest growth

Sources:

• Knight Frank’s Global House Price Index (2024) – For quarterly and yearly changes in house prices across 56 global housing markets​
• Numbeo’s Property Prices Index (2024) – For average house prices and cost of living data in various countries​

Note: This Top 30 Countries by Average House Price Increase (2024) ranking highlights the countries where house prices have grown the most over the past year. The percentage increases reflect year-on-year growth, showing how global housing markets have reacted to inflation, demand, supply shortages, and economic conditions. Countries like Turkey and Poland lead the list with significant price surges, while other markets such as the United States and Australia show moderate growth.