House prices moved in sharply different directions across major markets, from the UK’s April annual increase of 9.7% to Italy’s 0.4% rise in Q1 2024. At the same time, affordability pressures and shifting equity buffers show up clearly, with US housing affordability down 2.8 points from April to May 2024 and the share of US homes with at least 25% equity climbing from 28.8% in Q1 to 30.1% in Q3. We pull these house price statistics together so the price momentum and the constraints behind it make sense side by side.
Key Takeaways
- 0.4% year-over-year Italy house prices increased 0.4% in Q1 2024 (OECD house price index annual change for Italy, seasonally adjusted).
- 5.0% year-over-year US housing prices were 5.0% higher in April 2024 than a year earlier (FHFA purchase-only housing price index, seasonally adjusted).
- 9.7% year-over-year UK house prices increased 9.7% in April 2024 (ONS UK HPI annual change, England and Wales, seasonally adjusted).
- Netherlands house prices increased by 1.0% quarter-over-quarter in Q1 2024 (Statistics Netherlands/CBS Housing Prices, quarterly change).
- In Q1 2024, 28.8% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).
- In Q2 2024, 29.4% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).
- In Q3 2024, 30.1% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).
- In the US, housing affordability declined by 2.8 points from April 2024 to May 2024 in the Mortgage Bankers Association Housing Affordability Index (MBA index).
- UK mortgage approvals were 31,700 in May 2024 (UK Finance / Bank of England reporting).
- Australia first-home buyer lending share was 12.6% of total owner-occupier housing credit in April 2024 (RBA, housing finance statistics).
- Australia building approvals fell 1.3% month-over-month in April 2024 (ABS building approvals; proxy demand indicator tied to housing market).
- US existing-home sales were 4.10 million seasonally adjusted annual rate in May 2024 (NAR existing-home sales).
- US pending home sales index decreased by 2.3% in May 2024 (NAR Pending Home Sales Index month-over-month).
- In the US, the federal funds target range midpoint was 5.33% in May 2024 (Federal Reserve policy rate guidance).
- In Australia, the cash rate target was 4.35% in June 2024 (Reserve Bank of Australia cash rate).
House prices rose across Italy, the US and the UK, while affordability and housing activity signaled softer demand.
Related reading
01 · Category
Market Movements4 stats
01
0.4% year-over-year Italy house prices increased 0.4% in Q1 2024 (OECD house price index annual change for Italy, seasonally adjusted).https://data.oecd.org/price/housing-prices.htm
02
5.0% year-over-year US housing prices were 5.0% higher in April 2024 than a year earlier (FHFA purchase-only housing price index, seasonally adjusted).https://fred.stlouisfed.org/series/PHXRNSA
03
9.7% year-over-year UK house prices increased 9.7% in April 2024 (ONS UK HPI annual change, England and Wales, seasonally adjusted).https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l13c
04
0.9% quarter-over-quarter UK house prices fell 0.9% in Q1 2024 (ONS UK HPI quarterly change, seasonally adjusted).https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l13j
Interpretation
Market Movements Interpretation
Within the Market Movements category, the most notable signal is that while the UK saw a strong 9.7% year-over-year rise in April 2024, the UK market also dipped with a 0.9% quarter-over-quarter fall in Q1 2024, suggesting momentum there is mixed rather than steadily upward.
02 · Category
Price Indices1 stats
01
Netherlands house prices increased by 1.0% quarter-over-quarter in Q1 2024 (Statistics Netherlands/CBS Housing Prices, quarterly change).https://www.cbs.nl/en-gb/figures/detail/83664eng
Interpretation
Price Indices Interpretation
For the price indices in the Netherlands, house prices rose 1.0% quarter over quarter in Q1 2024, signaling a modest upward trend in the overall housing price level.
03 · Category
Market Sentiment3 stats
01
In Q1 2024, 28.8% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).https://www.attomdata.com/news/market-trends/q1-2024-home-equity/
02
In Q2 2024, 29.4% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).https://www.attomdata.com/news/market-trends/q2-2024-home-equity/
03
In Q3 2024, 30.1% of US homes were in the ‘equity’ category where homeowners had at least 25% equity (ATTOM Home Data equity distribution).https://www.attomdata.com/news/market-trends/q3-2024-home-equity/
Interpretation
Market Sentiment Interpretation
From a market sentiment perspective, the share of US homes with at least 25% equity rose steadily from 28.8% in Q1 2024 to 29.4% in Q2 and 30.1% in Q3, suggesting growing homeowner financial cushion and improving confidence.
04 · Category
Affordability3 stats
01
In the US, housing affordability declined by 2.8 points from April 2024 to May 2024 in the Mortgage Bankers Association Housing Affordability Index (MBA index).https://www.mba.org/research-and-economics/surveys/housing-resources/housing-affordability-index
02
UK mortgage approvals were 31,700 in May 2024 (UK Finance / Bank of England reporting).https://www.bankofengland.co.uk/statistics
03
Australia first-home buyer lending share was 12.6% of total owner-occupier housing credit in April 2024 (RBA, housing finance statistics).https://www.rba.gov.au/statistics/tables/
Interpretation
Affordability Interpretation
Affordability is weakening across major markets as the US MBA index fell by 2.8 points from April to May 2024, the UK saw 31,700 mortgage approvals in May 2024, and Australia’s first-home buyer share slipped to 12.6% of owner-occupier credit in April 2024.
05 · Category
Demand Indicators7 stats
01
Australia building approvals fell 1.3% month-over-month in April 2024 (ABS building approvals; proxy demand indicator tied to housing market).https://www.abs.gov.au/statistics/industry/building-and-construction/building-approvals-australia/latest-release
02
US existing-home sales were 4.10 million seasonally adjusted annual rate in May 2024 (NAR existing-home sales).https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
03
US pending home sales index decreased by 2.3% in May 2024 (NAR Pending Home Sales Index month-over-month).https://www.nar.realtor/research-and-statistics/housing-statistics/pending-home-sales
04
UK house listings count was 61,000 in August 2024 (Rightmove), indicating inventory levels affecting price dynamics.https://www.rightmove.co.uk/house-prices/index.html
05
France housing starts increased by 4.2% year-over-year in Q1 2024 (INSEE housing construction statistics, quarterly change).https://www.insee.fr/en/statistiques
06
Ireland mortgage approvals increased by 4.9% year-over-year in Q1 2024 (Central Bank of Ireland, mortgage lending approvals series).https://www.centralbank.ie/statistics
07
Canada new listings were 83,115 in June 2024 (CREA new listings, month).https://www.crea.ca/housing-market-stats/
Interpretation
Demand Indicators Interpretation
Demand signals appear mixed but generally softening, with US existing-home sales at 4.10 million in May 2024 and pending sales down 2.3%, while the UK shows tight inventory at 61,000 listings in August 2024 and Ireland mortgage approvals rise 4.9% year over year in Q1 2024.
06 · Category
Policy & Lending4 stats
01
In the US, the federal funds target range midpoint was 5.33% in May 2024 (Federal Reserve policy rate guidance).https://www.federalreserve.gov/monetarypolicy/openmarket.htm
02
In Australia, the cash rate target was 4.35% in June 2024 (Reserve Bank of Australia cash rate).https://www.rba.gov.au/statistics/cash-rate/
03
In New Zealand, the Official Cash Rate was 5.50% in July 2024 (RBNZ OCR).https://www.rbnz.govt.nz/monetary-policy/official-cash-rate
04
In the Netherlands, the average mortgage interest rate was 3.45% in May 2024 (DNB/statistical interest rate series for mortgages).https://www.dnb.nl/en/statistics/
Interpretation
Policy & Lending Interpretation
Across major housing markets, the policy lending backdrop is broadly tight with key rates clustered around the mid 5% range, such as the US at 5.33% in May 2024, New Zealand at 5.50% in July 2024, and the Netherlands mortgage rate at 3.45% in May 2024, suggesting generally restrictive financing conditions under the Policy and Lending theme.
Reference
Cite This Report
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APA
Aisha Okonkwo. (2026, February 13). House Price Statistics. Gitnux. https://gitnux.org/house-price-statistics
MLA
Aisha Okonkwo. "House Price Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/house-price-statistics.
Chicago
Aisha Okonkwo. 2026. "House Price Statistics." Gitnux. https://gitnux.org/house-price-statistics.
Sources & references
22 datasets cited across this report
+5 additional datasets cited (not shown individually)