House prices in India: RBI house price index (Q2 2010=100)
India
House prices in India
We use the Reserve Bank of India quarterly all-India index, which dates back to Q2 2010.
The National Housing Bank (NHB) also publishes a quarterly house price index for India called Residex. It is based on actual transaction prices, and covers house prices in many different regions of India.
House prices in India, % change 1 yr
Nominal and inflation-adjusted ('real')
India
Source: Reserve Bank of India
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2020 | 1.13% | -0.95% | ||
| 2019 | -0.48% | -3.14% | 0.26% | -1.63% |
| 2018 | 1.90% | -0.42% | -1.50% | 0.57% |
| 2017 | 3.13% | -0.70% | 1.37% | -0.22% |
| 2016 | 2.11% | -3.45% | 3.96% | 2.26% |
| 2015 | 4.39% | 3.10% | -0.80% | -0.53% |
| 2014 | 3.42% | 1.89% | 0.58% | 2.52% |
| 2013 | 4.49% | -0.12% | -2.62% | 2.38% |
| 2012 | 4.41% | 3.23% | 2.69% | 1.11% |
| 2011 | -2.19% | 6.49% | 4.72% | 1.19% |
| 2010 | 3.43% |
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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2019 | -4.93% | 3.26% |
| 2018 | 0.53% | 5.67% |
| 2017 | 3.58% | 7.45% |
| 2016 | 4.80% | 7.65% |
| 2015 | 6.20% | 13.06% |
| 2014 | 8.66% | 14.07% |
| 2013 | 4.04% | 15.02% |
| 2012 | 11.90% | 23.20% |
| 2011 | 10.37% | 19.64% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
