House prices in India: RBI house price index (Q2 2010=100)
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')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 2.25% | -0.34% | ||
| 2024 | 0.72% | 0.95% | -1.90% | -0.56% |
| 2023 | 0.24% | 0.98% | -3.69% | 1.63% |
| 2022 | -1.10% | -0.44% | -1.04% | -0.15% |
| 2021 | 0.60% | -1.02% | -2.46% | 1.16% |
| 2020 | -0.35% | 0.47% | -3.29% | 0.56% |
| 2019 | -3.07% | 0.22% | -1.37% | -1.03% |
| 2018 | 0.16% | 1.77% | -3.11% | 1.27% |
| 2017 | 1.60% | 2.31% | -1.87% | 1.30% |
| 2016 | -0.68% | 3.05% | 0.19% | 2.87% |
| 2015 | 4.72% | -0.32% | -0.96% | -0.28% |
| 2014 | 5.77% | 1.59% | -0.85% | 4.52% |
| 2013 | 0.27% | -1.56% | 0.58% | 0.29% |
| 2012 | 6.14% | 2.73% | -0.38% | 4.61% |
| 2011 | 5.33% | 8.05% | -0.96% | 3.35% |
| 2010 | 2.19% | -2.77% |
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 |
| 2025 | -0.59% | 2.20% |
| 2024 | -0.80% | 3.10% |
| 2023 | -0.93% | 3.81% |
| 2022 | -2.71% | 2.80% |
| 2021 | -1.76% | 3.12% |
| 2020 | -2.63% | 2.19% |
| 2019 | -5.18% | 2.99% |
| 2018 | 0.02% | 5.13% |
| 2017 | 3.34% | 7.20% |
| 2016 | 5.48% | 8.34% |
| 2015 | 3.10% | 9.75% |
| 2014 | 11.35% | 16.90% |
| 2013 | -0.44% | 10.06% |
| 2012 | 13.62% | 25.10% |
| 2011 | 16.49% | 26.26% |
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.
