Price Decline Analysis
Comprehensive 1-year and 5-year decline trends across all countries and regions, ranked by worst performance.
1-Year Decline Rankings
Sorted from worst to best decline rate (most negative first)
| Rank | Location | Country | 1Y Decline | Properties | Trend |
|---|---|---|---|---|---|
| #1 |
Alanya/Turkey
|
Turkey | -75.91% | 1 |
|
| #2 |
Manchester/United Kingdom
|
United Kingdom | -75.91% | 1 |
|
| #3 |
Bursa/Turkey
|
Turkey | -72.47% | 1 |
|
| #4 |
Liverpool/United Kingdom
|
United Kingdom | -72.47% | 1 |
|
| #5 |
Las Vegas/United States
|
United States | -67.31% | 1 |
|
| #6 |
Marmaris/Turkey
|
Turkey | -67.31% | 1 |
|
| #7 |
Leipzig/Germany
|
Germany | -67.31% | 1 |
|
| #8 |
Izmir/Turkey
|
Turkey | -63.87% | 1 |
|
| #9 |
Nashville/United States
|
United States | -61.29% | 1 |
|
| #10 |
Birmingham/United Kingdom
|
United Kingdom | -61.29% | 1 |
|
| #11 |
Dresden/Germany
|
Germany | -61.29% | 1 |
|
| #12 |
Ankara/Turkey
|
Turkey | -59.99% | 2 |
|
| #13 |
Portland/United States
|
United States | -50.10% | 1 |
|
| #14 |
Brighton/United Kingdom
|
United Kingdom | -50.10% | 1 |
|
| #15 |
Cologne/Germany
|
Germany | -50.10% | 1 |
|
| #16 |
Valencia/Spain
|
Spain | -50.10% | 1 |
|
| #17 |
Calgary/Canada
|
Canada | -50.10% | 1 |
|
| #18 |
Austin/United States
|
United States | -44.08% | 1 |
|
| #19 |
Istanbul/Turkey
|
Turkey | -44.08% | 2 |
|
| #20 |
Fethiye/Turkey
|
Turkey | -44.08% | 1 |
|
| #21 |
Edinburgh/United Kingdom
|
United Kingdom | -44.08% | 1 |
|
| #22 |
Berlin/Germany
|
Germany | -44.08% | 1 |
|
| #23 |
Sharjah/United Arab Emirates
|
United Arab Emirates | -44.08% | 1 |
|
| #24 |
Marseille/France
|
France | -44.08% | 1 |
|
| #25 |
Seville/Spain
|
Spain | -44.08% | 1 |
|
| #26 |
Athens/Greece
|
Greece | -44.08% | 1 |
|
| #27 |
Denver/United States
|
United States | -35.48% | 1 |
|
| #28 |
Bristol/United Kingdom
|
United Kingdom | -35.48% | 1 |
|
| #29 |
Frankfurt/Germany
|
Germany | -35.48% | 1 |
|
| #30 |
Lyon/France
|
France | -35.48% | 1 |
|
| #31 |
Montreal/Canada
|
Canada | -35.48% | 1 |
|
| #32 |
New York/United States
|
United States | -26.87% | 1 |
|
| #33 |
Antalya/Turkey
|
Turkey | -26.87% | 1 |
|
| #34 |
London/United Kingdom
|
United Kingdom | -26.87% | 1 |
|
| #35 |
Düsseldorf/Germany
|
Germany | -26.87% | 1 |
|
| #36 |
Bordeaux/France
|
France | -26.87% | 1 |
|
| #37 |
Madrid/Spain
|
Spain | -26.87% | 1 |
|
| #38 |
Osaka/Japan
|
Japan | -26.87% | 1 |
|
| #39 |
São Paulo/Brazil
|
Brazil | -26.87% | 1 |
|
| #40 |
Chicago/United States
|
United States | -18.27% | 1 |
|
| #41 |
Cambridge/United Kingdom
|
United Kingdom | -18.27% | 1 |
|
| #42 |
Hamburg/Germany
|
Germany | -18.27% | 1 |
|
| #43 |
Toronto/Canada
|
Canada | -18.27% | 1 |
|
| #44 |
Brisbane/Australia
|
Australia | -18.27% | 1 |
|
| #45 |
Florence/Italy
|
Italy | -18.27% | 1 |
|
5-Year Decline Rankings
Sorted from worst to best decline rate (most negative first)
| Rank | Location | Country | 5Y Decline | Properties | Trend |
|---|---|---|---|---|---|
| #1 |
Alanya/Turkey
|
Turkey | -71.63% | 1 |
|
| #2 |
Manchester/United Kingdom
|
United Kingdom | -71.63% | 1 |
|
| #3 |
Bursa/Turkey
|
Turkey | -67.57% | 1 |
|
| #4 |
Liverpool/United Kingdom
|
United Kingdom | -67.57% | 1 |
|
| #5 |
Las Vegas/United States
|
United States | -61.49% | 1 |
|
| #6 |
Marmaris/Turkey
|
Turkey | -61.49% | 1 |
|
| #7 |
Leipzig/Germany
|
Germany | -61.49% | 1 |
|
| #8 |
Izmir/Turkey
|
Turkey | -57.44% | 1 |
|
| #9 |
Nashville/United States
|
United States | -54.40% | 1 |
|
| #10 |
Birmingham/United Kingdom
|
United Kingdom | -54.40% | 1 |
|
| #11 |
Dresden/Germany
|
Germany | -54.40% | 1 |
|
| #12 |
Ankara/Turkey
|
Turkey | -52.88% | 2 |
|
| #13 |
Portland/United States
|
United States | -41.23% | 1 |
|
| #14 |
Brighton/United Kingdom
|
United Kingdom | -41.23% | 1 |
|
| #15 |
Cologne/Germany
|
Germany | -41.23% | 1 |
|
| #16 |
Valencia/Spain
|
Spain | -41.23% | 1 |
|
| #17 |
Calgary/Canada
|
Canada | -41.23% | 1 |
|
| #18 |
Austin/United States
|
United States | -34.13% | 1 |
|
| #19 |
Istanbul/Turkey
|
Turkey | -34.13% | 2 |
|
| #20 |
Fethiye/Turkey
|
Turkey | -34.13% | 1 |
|
| #21 |
Edinburgh/United Kingdom
|
United Kingdom | -34.13% | 1 |
|
| #22 |
Berlin/Germany
|
Germany | -34.13% | 1 |
|
| #23 |
Sharjah/United Arab Emirates
|
United Arab Emirates | -34.13% | 1 |
|
| #24 |
Marseille/France
|
France | -34.13% | 1 |
|
| #25 |
Seville/Spain
|
Spain | -34.13% | 1 |
|
| #26 |
Athens/Greece
|
Greece | -34.13% | 1 |
|
| #27 |
Denver/United States
|
United States | -24.00% | 1 |
|
| #28 |
Bristol/United Kingdom
|
United Kingdom | -24.00% | 1 |
|
| #29 |
Frankfurt/Germany
|
Germany | -24.00% | 1 |
|
| #30 |
Lyon/France
|
France | -24.00% | 1 |
|
| #31 |
Montreal/Canada
|
Canada | -24.00% | 1 |
|
| #32 |
New York/United States
|
United States | -13.87% | 1 |
|
| #33 |
Antalya/Turkey
|
Turkey | -13.87% | 1 |
|
| #34 |
London/United Kingdom
|
United Kingdom | -13.87% | 1 |
|
| #35 |
Düsseldorf/Germany
|
Germany | -13.87% | 1 |
|
| #36 |
Bordeaux/France
|
France | -13.87% | 1 |
|
| #37 |
Madrid/Spain
|
Spain | -13.87% | 1 |
|
| #38 |
Osaka/Japan
|
Japan | -13.87% | 1 |
|
| #39 |
São Paulo/Brazil
|
Brazil | -13.87% | 1 |
|
| #40 |
Chicago/United States
|
United States | -3.73% | 1 |
|
| #41 |
Cambridge/United Kingdom
|
United Kingdom | -3.73% | 1 |
|
| #42 |
Hamburg/Germany
|
Germany | -3.73% | 1 |
|
| #43 |
Toronto/Canada
|
Canada | -3.73% | 1 |
|
| #44 |
Brisbane/Australia
|
Australia | -3.73% | 1 |
|
| #45 |
Florence/Italy
|
Italy | -3.73% | 1 |
|
Understanding Price Decline Analysis
Why Track Declining Markets?
Understanding which markets are experiencing price declines is crucial for both risk management and opportunity identification. Declining markets may present:
- Buying Opportunities: Markets at the bottom of a cycle may offer attractive entry points
- Risk Signals: Persistent declines may indicate structural issues to avoid
- Portfolio Rebalancing: Knowing which holdings may underperform helps optimize portfolios
Interpreting Decline Data
Not all price declines are equal. Consider these factors when analyzing declining markets:
- Short-term vs Long-term: 1-year declines may be temporary corrections; 5-year declines suggest deeper issues
- Magnitude: Small declines (1-5%) may be normal market fluctuations; larger declines warrant closer examination
- Context: Consider local economic factors, policy changes, and global land market conditions
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.