Global Home Prices Surge In 2024: U.S. Market Sees 4.0% Growth
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According to Fitch Ratings, home prices rose in 13 of 15 major countries in 2024, with China (-7.8%) and France (-3.0%) declining.
From ResiClub Editor-in-Chief Lance Lambert...
• US Market Strength: The US saw a significant 4.0% increase in home prices.
• Global Trends: Notable growth was observed in the Netherlands (+13.0%), Colombia (+10.0%), and Mexico (+9.3%).
• Market Dynamics: This global trend reflects a complex interplay of factors, including interest rate fluctuations, economic growth, and supply and demand imbalances.
What are the implications of this global price growth?
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