From MoneyWeek · · 1m 10s
Global property market stagnates
Global property prices stall as AI boom and interest rates reshape markets.
In brief
Global property prices stall as AI boom and interest rates reshape markets. Global property prices increased by 0.5% on average across 23 cities over 12 months, with most regions seeing declines except AI hubs. Originally reported by MoneyWeek.
Global property market stagnates
Global property prices increased by 0.5% on average across 23 cities over 12 months.
Seoul surges with AI boom
Seoul recorded real house-price growth exceeding 10% over the past year as AI-chip boom flooded money into Korea.
London prices drop 15% since 2021
London saw a 1% year-on-year decline with prices dropping 15% since 2021 in real terms.
Canada and US cities decline
Canada saw 10% declines in Vancouver and Toronto as foreign buyer crackdowns hit, while most US cities also saw real-term drops.
Zurich and Tokyo bubble risks
Zurich and Tokyo are flagged by UBS as high bubble risk cities with Tokyo prices surging 50% over seven years.
Stocks overtake property wealth
Global household wealth increased by $40 trillion in 2025 with 57% from stocks and 15% from property.
Property offers inflation protection
Property in most cities likely to provide inflation protection but not wealth creation.
The headline
Global property prices increased by 0.5% on average across 23 cities over 12 months, with most regions seeing declines except AI hubs.
