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Been looking into international property prices lately and some numbers are wild. So I checked what housing actually costs around the world and it's pretty eye-opening.
In the US right now, you're looking at an average home price around $368k as of 2025, with median sale prices hovering near $358k. That's the baseline most of us know. But here's where it gets interesting - if you're considering Mexico, the average house in mexico runs way cheaper. We're talking roughly $92.5k for an average home, which is insane compared to what you'd pay stateside. Prices did jump about 10% year-over-year though, so the average house in mexico market is heating up a bit.
Canada's a different story entirely. Northern neighbors are actually paying MORE - average homes up there sit around $505k USD equivalent. That's like 37% higher than the US average. Not what I expected honestly.
China's interesting because they measure differently - they quote per square meter. New construction runs about $2,334 per square meter, which sounds reasonable until you realize their income-to-price ratio is completely broken. People there have been priced out for years.
One thing nobody's talking about enough is tariffs. Builders estimate tariffs could add like $11k to new home costs. Supply chain stuff with lumber and materials getting hit hard. The uncertainty alone is apparently keeping buyers frozen right now, which is probably why markets are so weird.
Makes you think about where actually makes sense to buy these days. The average house in mexico angle is tempting if you're looking to escape the US market, but you've gotta factor in everything beyond just the sticker price.