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Top 10 countries with soaring real estate prices

Obviously: In the top 10 countries where real estate prices have skyrocketed, the UK is in 10th place, up 75% in 10 years.

  • Israel ranked number one with average home prices rising 345.7%
  • Switzerland ranked second with real estate prices rising 165.5%
  • In the UK, average real estate prices per square meter have also risen by about three-quarters, rising from £ 2,469 to £ 4,318.


A new survey reveals countries where real estate prices have skyrocketed over the last decade, with Israel claiming the top spot and the UK in 10th place, further down the list.

The average house price in Israel has risen incredibly 345.7%, with the price of square meters in 2020 rising from £ 1,553 a decade ago to £ 6,920.

Switzerland ranked second with real estate prices rising 165.5% and one square meter rising from £ 3,197 to £ 8,489. In Germany, 162% rose from £ 1,781 to £ 4,666 per square meter.

A new survey reveals countries where real estate prices have skyrocketed over the last decade, with Israel claiming the top spot and the UK in 10th place, further down the list.

A study by the UK-based price comparison website money.co.uk used data from Numbeo, the world's largest database of living expenses, the Organization for Economic Co-operation and Development, and the World Bank.

A study by the UK-based price comparison website money.co.uk used data from Numbeo, the world’s largest database of living expenses, the Organization for Economic Co-operation and Development, and the World Bank.

The fourth place was the United States (up 153.3%), Hungary (up 137.8%), Slovakia (up 111.8%), France (up 100.5%), Portugal (up 86.5%) and Japan (up 75.1%). Percent increase).

The UK concludes the top ten with a 74.9% increase.

Across the UK, average real estate prices per square meter have also risen by about three-quarters, rising from £ 2,469 to £ 4,318.

On the other side of the scale, average real estate prices have fallen over the last decade in Norway, the Czech Republic, Belgium and Greece. In Greece, which came in 30th place, the price per square meter fell 17.9% from £ 1,772 to £ 1,455.

The study also showed how house prices were compared to wage differences and the average inflation rate over the last decade.

Portugal’s average real estate prices have risen 86.5%, but in the last decade wages have actually fallen, falling 1.3% to £ 20,529 a year, making it one of the only countries.

10 countries with the largest rises in real estate prices

10 countries with the largest rises in real estate prices

The average house price in Israel has risen incredibly 345.7%, with the price of square meters in 2020 rising from £ 1,553 a decade ago to £ 6,920.Photo, Tel Aviv

The average house price in Israel has risen incredibly 345.7%, with the price of square meters in 2020 rising from £ 1,553 a decade ago to £ 6,920.Photo, Tel Aviv

Hungary, on the other hand, experienced one of the largest increases in inflation, with an average increase of 2.56 percent each year between 2010 and 2020.

A study by the UK-based price comparison website money.co.uk used data from Numbeo, the world’s largest database of living expenses, the Organization for Economic Co-operation and Development, and the World Bank.

A spokesperson for the site said of the findings: ‘When trying to buy a new home, it doesn’t take long to realize that the property isn’t as cheap as it used to be.

“In the face of a pandemic, real estate prices continue to rise around the world, as they have always been.

However, the situation is not the same in all countries, as real estate prices fluctuate at different rates.

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Top 10 countries with soaring real estate prices

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