# Global property market stagnates

> Global property prices stall as AI boom and interest rates reshape markets.
- Title: Global property market stagnates · MoneyWeek | Shortify
- Summary: 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…
- Keywords: global property market, ubs, real estate bubble, real house prices, interest rates, ai boom, stock market, house prices, property prices, real estate, Global, property
- Source: MoneyWeek — https://moneyweek.com/investments/property/global-property-market-stagnates-can-it-recover
- Published: 2026-10-16T11:35:52+00:00
- Read time: 1 min
- Topics: global property market, ubs, real estate bubble, real house prices, interest rates, ai boom, stock market, house prices, property prices, real estate
## 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.
## Key takeaway

Global property prices increased by 0.5% on average across 23 cities over 12 months, with most regions seeing declines except AI hubs.