Inflation-adjusted home prices in both cities’ markets plunged by about 10 per cent year over year, compared with the rest of the global urban centres analyzed, which ticked up by just about 0.5 per cent on average. Seoul, South Korea, was at the top of the index, with the strongest annual increase in home price growth at 11 per cent, followed by Lisbon, Portugal (up 10 per cent) and Madrid (up eight per cent).






