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House prices in Egypt: Aqarmap real estate index

August, 29, 2020

Egypt

Aqarmap Real estate index

House prices in Egypt. Aqar Map is a commercial real estate agency based in Egypt. Starting July 2012, the agency has been publishing a monthly real estate index.  

House prices in Egypt, % change 1 yr

Nominal and inflation-adjusted ('real')

Egypt

Source: Aqarmap


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2020-29.6732.03
20194.364.77-0.55-10.12
20188.913.3-13.68-16.84
2017-7.61-3.927.65-7.38
201612.19-15.4411.61-4.43
20158.06-15.723.56-9.06
20147.18-12.6416.66-6.06
20139.22

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.