Comprehensive 1-year and 5-year decline trends across all countries and regions, ranked by worst performance.
Sorted from worst to best decline rate (most negative first)
| Rank | Location | Country | 1Y Decline | Properties | Trend |
|---|---|---|---|---|---|
| #1 |
San Francisco/United States
|
United States | -8.50% | 1 |
|
| #2 |
Moscow/Russia
|
Russia | -7.50% | 1 |
|
| #3 |
Hong Kong/China
|
China | -6.20% | 1 |
|
| #4 |
Athens/Greece
|
Greece | -5.80% | 1 |
|
| #5 |
Detroit/United States
|
United States | -5.20% | 1 |
|
| #6 |
Rio de Janeiro/Brazil
|
Brazil | -4.80% | 1 |
|
| #7 |
Valencia/Spain
|
Spain | -4.50% | 1 |
|
| #8 |
Houston/United States
|
United States | -4.10% | 1 |
|
| #9 |
Chicago/United States
|
United States | -3.80% | 1 |
|
| #10 |
Shanghai/China
|
China | -3.50% | 1 |
|
| #11 |
Madrid/Spain
|
Spain | -3.20% | 1 |
|
| #12 |
Rome/Italy
|
Italy | -2.80% | 1 |
|
| #13 |
Manchester/United Kingdom
|
United Kingdom | -2.30% | 1 |
|
| #14 |
Osaka/Japan
|
Japan | -2.10% | 1 |
|
| #15 |
Milan/Italy
|
Italy | -1.90% | 1 |
|
| #16 |
London/United Kingdom
|
United Kingdom | -1.50% | 1 |
|
Sorted from worst to best decline rate (most negative first)
| Rank | Location | Country | 5Y Decline | Properties | Trend |
|---|---|---|---|---|---|
| #1 |
Moscow/Russia
|
Russia | -22.30% | 1 |
|
| #2 |
Detroit/United States
|
United States | -18.70% | 1 |
|
| #3 |
Hong Kong/China
|
China | -18.50% | 1 |
|
| #4 |
Athens/Greece
|
Greece | -15.40% | 1 |
|
| #5 |
Rio de Janeiro/Brazil
|
Brazil | -12.60% | 1 |
|
| #6 |
San Francisco/United States
|
United States | -12.30% | 1 |
|
| #7 |
Valencia/Spain
|
Spain | -11.20% | 1 |
|
| #8 |
Shanghai/China
|
China | -9.80% | 1 |
|
| #9 |
Chicago/United States
|
United States | -9.40% | 1 |
|
| #10 |
Madrid/Spain
|
Spain | -8.50% | 1 |
|
| #11 |
Houston/United States
|
United States | -7.20% | 1 |
|
| #12 |
Rome/Italy
|
Italy | -6.90% | 1 |
|
| #13 |
Manchester/United Kingdom
|
United Kingdom | -5.80% | 1 |
|
| #14 |
Milan/Italy
|
Italy | -4.20% | 1 |
|
| #15 |
Osaka/Japan
|
Japan | -3.80% | 1 |
|
Understanding which markets are experiencing price declines is crucial for both risk management and opportunity identification. Declining markets may present:
Not all price declines are equal. Consider these factors when analyzing declining markets:
Caution: Declining markets carry inherent risks. Attempting to "catch a falling knife" can result in significant losses. Always conduct thorough due diligence and consider consulting with local real estate professionals who understand the specific market dynamics.