The top 10 countries that have seen real estate prices rise

Revealed: The top 10 countries that have seen property prices rise, with the UK at number 10 up 75% in ten years

  • Israel came in first place and the average house price increased by 345.7%
  • Switzerland ranks second with a 165.5% increase in property prices
  • In the UK, the average property price per square meter also increased by about three quarters, from £2,469 to £4,318










A new study has revealed the countries where property prices have risen over the past decade, with Israel claiming the top spot and the UK moving further down the list at number ten.

The average house price in Israel is up an incredible 345.7 percent, with a square foot costing £6,920 in 2020, up from £1,553 a decade earlier.

Switzerland was in second place with a 165.5 percent increase in property prices, with a square meter jumping from £3,197 to £8,489, while Germany followed closely with a 162 percent increase from £1,781 per square meter to £8. 4,666.

A new study has revealed the countries where property prices have risen over the past decade, with Israel claiming the top spot and the UK moving further down the list at number ten.

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

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

In fourth place came the US (153.3 percent increase), followed by Hungary (137.8 percent increase), Slovakia (111.8 percent increase), France (100.5 percent increase), Portugal (86.5% increase) and Japan (75.1 percent increase).

Rounding out the top ten was the UK, up 74.9 percent.

In the UK, the average property price per square meter also increased by about three quarters, from £2,469 to £4,318.

At the other end of the scale, Norway, the Czech Republic, Belgium and Greece have all seen average real estate prices fall over the past decade. In Greece, which came in at number 30, the price per square meter fell 17.9 percent, from £1,772 to £1,455.

The study also showed how house prices relate to the difference in wages and average inflation over the past ten years.

While Portugal’s average property price rose 86.5 percent, it was one of the few countries to actually see wages fall over the past decade, dropping 1.3 percent to £20,529 a year.

The ten countries with the largest increase in real estate prices

The ten countries with the largest increase in real estate prices

The average house price in Israel is up an incredible 345.7 percent, with a square foot costing £6,920 in 2020, up from £1,553 a decade earlier.  Pictured, Tel Aviv

The average house price in Israel is up an incredible 345.7 percent, with a square foot costing £6,920 in 2020, up from £1,553 a decade earlier. Pictured, Tel Aviv

Meanwhile, Hungary experienced one of the largest increases in inflation, averaging 2.56 percent per year between 2010 and 2020.

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

Commenting on the findings, a site spokesperson said: “If you’re looking to buy a new home, it won’t be long before you realize that real estate isn’t as cheap as it used to be.

“Even in the face of a global pandemic, real estate prices around the world continue to rise, as they have for some time.

However, the picture is not the same in every country, as real estate prices fluctuate at different rates.’

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