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House prices in Colombia, 6 cities' home price index (1990 = 100)

Colombia

Banco de la Republica Colombia

House prices in Colombia

We use the Banco de la Republica Colombia quarterly used housing price index,  based on loan appraisals reported by various banks, usimg the repeat-sales methodology. It covers 6 cities - Bogotá, Medellín, Cali, Soacha, Bello, and Envigado e Itaguí. It started in 1988.

House prices in Colombia, % change 1 yr

Nominal and inflation-adjusted ('real')

Colombia

Source: Banco de la Republica Colombia


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20200.14%
20190.72%0.59%1.74%-1.61%
2018-1.68%4.54%-0.31%-0.46%
2017-1.29%3.5%1.36%-0.07%
20162.93%1.28%0.81%-0.51%
20152.16%2.79%0.74%-2.07%
20143.46%0.32%1.96%-1.88%
20132.98%1.51%0.45%-0.01%
20121.04%3.46%0.73%2.29%
2011-2.9%4.04%2.1%-0.05%
20102.37%0.81%-1.28%5.04%
20091.54%0.4%2.58%0.43%
20083.04%2.27%-0.41%1.27%
20074.38%2.08%0.65%4.11%
20062.94%1.98%3.91%1.41%
2005-3.52%2.56%-0.06%0.8%
2004-1.9%2.64%-2%7.1%
2003-3.97%1.19%-1.94%4.34%
2002-7.07%1.72%-2.48%-0.59%
20014.7%-5.14%-0.58%4.34%
2000-0.11%-2.2%-3.72%-2.65%
1999-3.7%-3.68%-3.61%0.82%
1998-0.57%-4.49%-4.2%-1.84%
1997-3.47%-2.22%0.42%1.57%
1996-0.71%-2.56%-3.72%-0.63%
19951.23%-0.86%1.89%2.29%
19943.97%-3.48%5.43%3.86%
19931.17%0.84%3.32%1.58%
1992-2.21%-2.53%-2.95%-1.57%
1991-5.77%1.98%-4.91%2.38%
1990-7.87%2.98%-1.35%

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.