Cities and Urbanization

Housing prices have fallen the most in these countries

How long the decline in housing prices continues will depend on whether the rate hikes by central banks have already curtailed inflationary pressures.

How long the decline in housing prices continues will depend on whether the rate hikes by central banks have already curtailed inflationary pressures. Image: Unsplash/brenoassis

Hites Ahir
Senior Research Officer, IMF
Prakash Loungani
Advisor, IMF’s Research Department.
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Graphic showing decline in housing prices in OECD economies.
Two-thirds of the economies for which the OECD tracks housing prices saw declines for their most recent quarter of available data. Image: IMF/OECD
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