RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

U.S. House Prices Contribute to Global House Price Recovery

Home News
By Michael Neal
November 4, 2014
Reading Time: 2 mins read
U.S. House Prices Contribute to Global House Price Recovery

Worldwide HousingA previous blog post illustrated that U.S. house prices are recording a range of annual gains with some areas of the country rising faster than others. Similarly, in the context of the global economy, annual house price growth in the U.S. has been faster than some countries while lagging other countries.

The International Monetary Fund’s Global Housing Watch calculates a real seasonally adjusted house price index for 52 countries including the United States. House prices in these countries are used to calculate two separate global house price indexes. One global house price index assigns an equal weight to each country and the second global house price index is adjusted to account for the size of each country’s economic output (GDP).

Figure 1 below shows that the rate of growth recorded in the US places it in the 2nd quintile amongst countries for which house price data are available. According to the International Monetary Fund, real and seasonally adjusted annual house price growth in the U.S. was estimated to be 3.6% between the second quarter of 2013 and the second quarter of 2014, thereby contributing to the 1.3% increase in real seasonally adjusted global house prices. The IMF comparison utilizes the Federal Housing Finance Agency (FHFA) house price index.

house_prices_graph_1

Earlier blog posts have illustrated how, typically, house prices in areas that fell the most remain farther from their peak level.

Similarly, in an international comparison, real seasonally adjusted house prices in the U.S. fell more than collective world house prices, but they are farther from returning to their peak level. As Figure 2 illustrates, house prices in the U.S. reached their peak in the fourth quarter of 2006 and fell to 73% of that peak by the second quarter of 2011. As of the second quarter of 2014, U.S. house prices are at 82% of their pre-bust peak level. Meanwhile, global house prices, house prices peaked in the first quarter of 2008 and fell to 91% of that level in the second quarter of 2009. However, as of the second quarter of 2014, global house prices are at 94% of their peak level.

house_price_performance_graph_2

View this original post on the NAHB blog, Eye on Housing.

ShareTweetShare

Related Posts

Compass
Agents

Compass Expands in Colorado with Affiliation of PorchLight Real Estate Group

July 11, 2025
NAHB Awards Program Now Accepting Applications
Industry News

NAHB Awards Program Now Accepting Applications

July 11, 2025
PAVE
Industry News

HUD, OMB Eliminate Core Policies From Biden-Era Home Appraisal Task Force

July 11, 2025
media
Agents

Rich Media Isn’t a Luxury. It’s Your New Standard.

July 11, 2025
Affordability
Industry News

Housing Affordability Melts as Market Heats Up for Summer

July 11, 2025
HouseAmp
Agents

From Listing to Loan: Integrating Pre-Sale Financing Options into Initial Client Conversations

July 11, 2025
Please login to join discussion
Tip of the Day

5 Benefits of Professional Property Management You’re Missing Out On

Whether you’re a landlord with a single unit or a real estate investor managing a large portfolio, keeping things running smoothly means being on top of every little detail. Read more.

Business Tip of the Day provided by

Recent Posts

  • Compass to Share Its Private Exclusives With Rivals, on Two Conditions
  • Compass Expands in Colorado with Affiliation of PorchLight Real Estate Group
  • NAHB Awards Program Now Accepting Applications

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X