Global Residential Cities Index Q1 2022

The Global Residential Cities Index tracks the movement of average residential prices across 150 cities worldwide using official statistics. The index tracks nominal prices in local currencies.

Key findings:

  • Istanbul is the city with the highest rate of price growth in the year to Q1 2022
  • The average annual price growth across 150 cities is 11.5%, the highest rate since Q3 2004.
  • 43% of cities are registering annual price growth in excess of 10%
  • 9 cities out of 150, saw prices decline on an annual basis.
  • Halifax is the top-performing city in North America with annual price growth of 34.7%