BIS Q3 2025: Global Real House Prices Slip as China and Emerging Asia Weigh on Aggregates
BIS data for Q3 2025 show global real house prices fell 0.7% yoy despite a 2.0% rise in nominal prices, with advanced economies broadly stabilising and EMEs still declining in aggregate. The EME weakness is concentrated in emerging Asia, with China down 5% yoy in real terms, while many jurisdictions continue to post positive growth.