Real Estate 20 June 2025 - 11 October 2025

Thailand’s real estate industry in 2025 is navigating a post-pandemic crossroads – with certain sectors booming and others facing headwinds. On one hand, tourists and foreign investors are back in force, filling hotels and snapping up condos in beach towns. Industrial parks in the Eastern Economic Corridor are buzzing with new factories. On the other hand, developers in Bangkok are treading carefully, scaling back new housing projects amid oversupply and higher borrowing costs. The overall picture is one of resilience: the property market is recovering from the COVID-era slump, but growth is uneven across segments. As we’ll see, location and property type matter more than ever – luxury downtown condos and warehouses are hot commodities, while aging offices and mid-tier suburban homes are struggling to find demand. In this report, we break down the major segments and regions shaping Thailand’s property landscape in 2025, and what to expect going forward.

House prices are soaring. Spain’s housing market is in a clear upswing, with nationwide price growth accelerating over the past two years. In 2024, home prices jumped about 7%, the fastest annual rise since the 2000s boom globalpropertyguide.com globalpropertyguide.com. By early 2025 the momentum continued – Q1 2025 prices were up 11.2% year-on-year according to property portal Idealista globalpropertyguide.com. This rally is broad-based: all 19 regions of Spain saw significant price increases in 2024 globalpropertyguide.com. For instance, Andalucía’s prices leapt ~13% year-on-year, with similarly strong gains in Aragon, Navarra, Valencia and others globalpropertyguide.com. Even typically slower markets like the interior and north logged 8–11% growth globalpropertyguide.com. Spain has essentially surpassed pre-2008 peak prices in many areas, recovering from the deep real estate crash of 2008–2013. The pandemic dip of 2020 was mild and short-lived globalpropertyguide.com. Since 2021, the combination of post-Covid rebound, low new supply, and booming demand has sent prices to record levels. By late 2024 the official House Price Index was 11.3% higher year-on-year, the sharpest jump since records began in 2007 globalpropertyguide.com. Notably, newly built homes have led the charge – new home prices rose about 12% YoY in Q4 2024, slightly outpacing the 11% rise for

After a brief downturn, the residential property market rebounded strongly through 2025. August marked the seventh consecutive month of home price gains, with values rising +0.7% nationally for the month abc.net.au. Prices are now up ~4% year-on-year, and the median Australian dwelling costs about $849,000 abc.net.au michaelwest.com.au. This broad recovery has lifted nearly every region – in August, values climbed in every state except Tasmania michaelwest.com.au – and experts note it’s being driven by classic supply-demand imbalance. “Once again we are seeing a clear mismatch between available supply and demonstrated demand placing upwards pressure on values,” says Tim Lawless, research director at CoreLogic michaelwest.com.au. He notes home sales are tracking slightly above average, even as the number of properties for sale remains about 20% below typical levels for this time of year michaelwest.com.au. In short, buyers are back while many sellers stay on the sidelines, creating fierce competition for limited stock.

Kuala Lumpur’s property market in 2025 is marked by cautious recovery and pockets of growth across different segments. Economic fundamentals provide a stable backdrop – Malaysia’s GDP grew about 5.3% in 2024 and is forecast around 4.5–5% in 2025 crowncontinental.com – while inflation remains low, preserving purchasing power crowncontinental.com. This steady economy, combined with government incentives, has underpinned real estate demand. Transaction activity is climbing modestly: in the first 9 months of 2024, total property deals nationwide rose 6.2% year-on-year with values up 14.4% theedgemalaysia.com. Industry experts attribute the momentum to infrastructure projects and major developments like the Tun Razak Exchange financial district and Merdeka 118 mega-tower, which have reinforced Greater KL’s status as an economic hub theedgemalaysia.com. At the same time, the market remains buyer’s-market in many segments – ample supply means buyers and tenants have plenty of options, keeping price growth moderate and competition high among sellers. Overall, 2025 finds KL real estate on a stabilizing path: the market is resilient but measured, with fundamentals improving yet vigilance about global headwinds still warranted propertygenie.com.my.

Introduction: The real estate market in Lviv, Ukraine has undergone a remarkable transformation by 2025, buoyed by wartime migration and economic shifts. Located in western Ukraine, Lviv has emerged as a safe-haven market amid Russia’s invasion, attracting internally displaced people, relocating businesses, and investors. Demand has surged across all property types – from housing and offices to industrial facilities and even land – driving prices upward despite broader economic challenges. This comprehensive report examines market trends, prices, demand/supply dynamics, rental yields, and forecasts for Lviv’s residential, commercial, industrial, and land sectors. We also analyze key factors influencing the market and highlight expert predictions for the next 3–5 years, along with notable new developments and policy changes shaping the city’s real estate landscape.

Despite the ongoing war and economic turbulence, Ukraine’s real estate market in 2025 shows remarkable resilience and adaptation. Home prices are actually rising in many areas – especially the safer western regions – even as conflict pressures others. According to official data, new-build housing prices jumped 15.7% year-on-year in late 2024, while resale home prices rose about 11.9% globalpropertyguide.com. Demand has stabilized or even recovered slightly in some segments, supported by government mortgage programs and strong rental markets, though overall activity remains below pre-war levels. At the same time, rental rates have soared in key cities due to population displacement, pushing rental yields into high single digits – far above many European markets globalpropertyguide.com.