BIS Q3 2025: Global Real House Prices Slip as China and a Few Large Economies Drive the Aggregate
BIS data for Q3 2025 show global real house prices fell 0.7% year on year despite a 2.0% rise in nominal prices, indicating inflation-driven real adjustment. The aggregate decline is concentrated in a few major economies, with China reported at -5% real yoy while most jurisdictions still recorded positive real growth.