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House price index, Mongolia

Mongolia

House prices in Mongolia.

The Mongolian Central Bank's monthly house price index

House prices in Mongolia, % change 1 yr

Nominal and inflation-adjusted ('real')

Mongolia

Source: Ikon


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20190%-5.26%1.85%1.82%
2018-3.33%1.72%1.69%-5%
2017-3.17%0%-1.64%0%
2016-2.99%-1.54%0%-1.56%
2015-2.6%-5.33%-2.82%-2.9%
20141.16%-3.45%-2.38%-6.1%
20132.38%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.