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Property Stats in 2015

We have just made a similar research for property in 2016 – have a look

 

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United States:

  • Median Home Price in 2015: $220,300
  • Median Home Price in 2014: $208,200
  • New Homes Sold Over 2015: 5,880,000 based on the statistic of 490,000 per month.
  • New Homes Sold Over 2014: 5,388,000 based on the statistic of 449,000 per month
  • Total Investment in Property 2015: $1,047,200,000,000
  • Total Investment in Property 2014: $1,026,172,000,000
  • % of Foreign Investment of Property 2015 (out of total investment): 26%
  • % of Foreign Investment of Property 2014 (out of total investment): 24.7%
  • Rental Yield 2015: 6%
  • Rental Yield 2014: 5.4%


UK:

  • Median Home Price in 2015: £195,000
  • Median Home Price in 2014: £272,000
  • New Homes Sold Over 2015: 1,223,520
  • New Homes Sold Over 2014: 1,220,000
  • Total Investment in Property 2015: £238,586,400,000
  • Total Investment in Property 2014: £331,840,000,000
  • % of Foreign Investment of Property 2015 (out of total investment): 23.07%
  • % of Foreign Investment of Property 2014 (out of total investment): 22%
  • Rental Yield 2015: 3.6%
  • Rental Yield 2014: 3.4%

 

Spain:

  • Median Home Price in 2015: 1,638 € per square meter
  • Median Home Price in 2014: 1,594 €
  • New Homes Sold Over 2015: 314,442
  • New Homes Sold Over 2014: 310,100
  • Total Investment in Property 2015: 51,505,599,600
  • Total Investment in Property 2014: 50,784,521,205
  • % of Foreign Investment of Property 2015 (out of total investment): 12.96%
  • % of Foreign Investment of Property 2014 (out of total investment): 13.01%
  • Rental Yield 2015: 3.98%
  • Rental Yield 2014: 4.2%

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France:

  • Median Home Price in 2015: 3,639 € per square meter
  • Median Home Price in 2014: 2,742 € per square meter
  • New Homes Sold Over 2015: 740,000
  • New Homes Sold Over 2014: 729,640
  • Total Investment in Property 2015: 269,286,000,000 €
  • Total Investment in Property 2014: 200,067,288,000 €
  • % of Foreign Investment of Property 2015 (out of total investment): 29%
  • % of Foreign Investment of Property 2014 (out of total investment): 30.87%
  • Rental Yield 2015: 2.89%
  • Rental Yield 2014: 2.99%

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Italy:

  • Median Home Price in 2015: 5,930 € per square meter
  • Median Home Price in 2014: 5,722 € per square meter
  • New Homes Sold Over 2015: 207,000
  • New Homes Sold Over 2014: 199,548
  • Total Investment in Property 2015: 1,227,510,000 €
  • Total Investment in Property 2014: 1,141,813,656 €
  • % of Foreign Investment of Property 2015 (out of total investment): 22,37%
  • % of Foreign Investment of Property 2014 (out of total investment): 18.77%
  • Rental Yield 2015: 3.86%
  • Rental Yield 2014: 3.54%

 

Australia:

  • Median Home Price in 2015: A$ 7,250 per square meter
  • Median Home Price in 2014: A$ 6,691 per square meter
  • New Homes Sold Over 2015: 220,000
  • New Homes Sold Over 2014: 203,060
  • Total Investment in Property 2015: A$ 159,500,000,000
  • Total Investment in Property 2014: A$ 135,867,446,000
  • % of Foreign Investment of Property 2015 (out of total investment): 5.3%
  • % of Foreign Investment of Property 2014 (out of total investment): 9.6%
  • Rental Yield 2015: 4.39%
  • Rental Yield 2014: 4.79%

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Germany:

  • Median Home Price in 2015: 4,078 € per square meter
  • Median Home Price in 2014: 3,861 € per square meter
  • New Homes Sold Over 2015: 230,000
  • New Homes Sold Over 2014: 197,800
  • Total Investment in Property 2015: 93,794,000,000 €
  • Total Investment in Property 2014: 76,370,580,000 €
  • % of Foreign Investment of Property 2015 (out of total investment): 25.74%
  • % of Foreign Investment of Property 2014 (out of total investment): 22.03%
  • Rental Yield 2015: 3.7%
  • Rental Yield 2014: 3.52%

 

Ireland:

  • Median Home Price in 2015: 4,156 € per square meter
  • Median Home Price in 2014: 4,010 € per square meter
  • New Homes Sold Over 2015: 42,451
  • New Homes Sold Over 2014: 40,200
  • Total Investment in Property 2015: 17,642,635,600 €
  • Total Investment in Property 2014: 16,120,200,000 €
  • % of Foreign Investment of Property 2015 (out of total investment): 17%
  • % of Foreign Investment of Property 2014 (out of total investment): 15.8%
  • Rental Yield 2015: 7.5%
  • Rental Yield 2014: 7.24%

Cyprus:

  • Median Home Price in 2015: 1,790 € per square meter
  • Median Home Price in 2014: 1,687 € per square meter
  • New Homes Sold Over 2015: 5,952
  • New Homes Sold Over 2014: 4,884
  • Total Investment in Property 2015: 1,065,408
  • Total Investment in Property 2014: 823,930,800
  • % of Foreign Investment of Property 2015 (out of total investment): 2.4%
  • % of Foreign Investment of Property 2014 (out of total investment): 1.9%
  • Rental Yield 2015: 4.23%
  • Rental Yield 2014: 5.27%

 

Sources:

 

What to Expect in Global Real Estate in 2016

In recent years, the overall global real estate market has faced many complications that have caused potential real estate consumers to be very skeptical as to whether they should in fact invest in real estate. That being said, the global real estate market has taken an upswing recently causing global consumers to consider the prospect of investing in real estate once again.

Even though the international market landscape has seen many improvements, there are still some countries where investing in real estate is more advantageous than others. Thus, it is imperative that the prospective real estate buyer research before investing in real estate in order to avoid common pitfalls.

Where to Invest in 2016

The statistics were quite unexpected for 2016. Given that continental Europe as a whole and the United States have possessed a great deal of financial issues since 2008, it is no surprise that real estate is ready for the taking and people are ready to sell.

Furthermore, European governments are making extensive efforts to accommodate foreign investment in order to improve their economic prospects. For example, Ireland had one of the highest rental yields at 7.5%, which is no surprise since the Irish government is actively trying to lure and encourage foreigners to invest in order to recover from their grave economic problems in recent years. Additionally, governments such as: Cyprus, Spain, France, and the United States all had rental yields of: 4.23%, 3.98%, 2.89%, and 6% respectively.

Rental yields aside; France has implemented a 25% cut in capital gains tax, which has stimulated investment particularly in the French Riviera. All and all, the theme within the markets of these prospective countries is that governments are making successions to attract foreign direct investment in order to stimulate economic prosperity with the effort of recovering in the post-2008 era.

Where You Should Not Invest in 2016

While many governments are making economic reparative measures, one country stands out as a potential place to avoid investing in 2016. Recently, the Australian government has desired to limit the percentage of foreigners that are permitted to acquire property within Australia.

This will cause prices to go up and allow for limited real estate to be available to a larger pool of prospective buyers. In addition to Australia, countries such as: the UK, Germany, and Italy have rental yields of 3.6%, 3.4%, and 3.86%. These countries are not the best investments given that their rental yields are low and they have few tax benefits to the prospective foreign real estate investor.

The Recommended Investment Approach

Since statistics are daunting for the average prospective real estate investor to pursue, it is important to analyze the value of the property through a lens of each individual’s situation. Even if the numbers are not favorable, it is possible that a prospective investor could obtain a great value from investing in places such as: Italy and the UK, which always have markets that possess consistent demand and ultimately, come back. Access to Money Transfer Services is also very easy in these areas, which is superb.

What one has to consider is what this investment will bring them for what they personally want. Upon making this determination while simultaneously assessing the statistics as a starting reference point, one can make a viable investment that will bring them great satisfaction both fiscally and personally in 2016.

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