Bank for International Settlements or BIS has stated in a latest update that global house prices declined in real terms by 0.8% year on year (yoy) in Q2 2025, slightly less compared with the previous quarter (–1.0%). In advanced economies (AEs), real house prices continued to increase, albeit at a slower pace (0.6%), while the price decline in emerging market economies (EMEs) moderated (to –1.9%). Over 70% of AEs and 50% of EMEs experienced moderate residential property price growth (0–10%) in Q2 2025. Since the Covid-19 pandemic, global real residential property prices have increased by 3.5%. Among the G20 economies, they have risen by 112% in Türkiye and 20% in the United States and Mexico, and have decreased by 17% in China and 8% in South Africa. From a longer-term perspective, real global prices have grown by 20.6% since the GFC, i.e. compared with their 2010 levels. They have more than doubled in Türkiye and risen by over 50% in India, the United States and Mexico. But they remain well below their 2010 levels in Italy (–25%), South Africa (–12%) and China (–9%).