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House price index for Iceland (March 2000=100)
Iceland
House prices in Iceland.
Statistics Iceland publishes a monthly house price index for Iceland by type of dwelling and area. This time-series is based on actual property transaction prices. The data stretches back to March 2000.
House prices in Iceland, % change 1 yr
Nominal and inflation-adjusted ('real')
Iceland
Source: Statistics Iceland
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2020 | 1.47% | 0.05% | ||
| 2019 | 0.39% | -0.54% | 0.77% | 1.58% |
| 2018 | 2.00% | 0.06% | 1.25% | -0.29% |
| 2017 | 4.55% | 5.78% | 3.22% | -1.11% |
| 2016 | 1.48% | 1.13% | 5.40% | 4.04% |
| 2015 | 3.19% | -0.01% | 1.14% | 2.43% |
| 2014 | 0.83% | 1.38% | 2.05% | 0.87% |
| 2013 | -2.04% | 2.67% | 1.37% | 2.34% |
| 2012 | -2.27% | 1.78% | 0.81% | 0.09% |
| 2011 | -0.49% | 0.50% | 0.71% | 1.95% |
| 2010 | -5.31% | 2.08% | -0.63% | 0.19% |
| 2009 | -8.26% | -3.38% | -3.14% | -0.65% |
| 2008 | -2.16% | -6.48% | -3.45% | -6.79% |
| 2007 | 1.61% | 3.03% | 3.56% | 0.32% |
| 2006 | 2.12% | -0.30% | -0.75% | -0.31% |
| 2005 | 8.39% | 9.78% | 3.76% | 2.56% |
| 2004 | -0.16% | 3.67% | 2.31% | 3.16% |
| 2003 | 2.36% | 2.57% | 4.43% | -0.34% |
| 2002 | -0.02% | -0.07% | 2.91% | 1.70% |
| 2001 | -0.51% | -1.81% | -0.94% | -0.38% |
| 2000 | 3.59% | 0.49% | 0.54% |
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 | 2.20% | 4.28% |
| 2018 | 3.04% | 6.90% |
| 2017 | 12.88% | 15.00% |
| 2016 | 12.54% | 14.68% |
| 2015 | 6.89% | 9.05% |
| 2014 | 5.22% | 6.09% |
| 2013 | 4.35% | 8.66% |
| 2012 | 0.36% | 4.57% |
| 2011 | 2.68% | 8.07% |
| 2010 | -3.77% | -1.39% |
| 2009 | -14.71% | -8.32% |
| 2008 | -17.65% | -2.71% |
| 2007 | 8.76% | 15.10% |
| 2006 | 0.74% | 7.82% |
| 2005 | 26.63% | 31.83% |
| 2004 | 9.24% | 13.47% |
| 2003 | 9.27% | 12.30% |
| 2002 | 4.56% | 6.65% |
| 2001 | -3.59% | 4.74% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.