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House price index for Iceland (March 2000=100)
August, 29, 2020
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 | 0.06 | 1.25 | -0.29 |
| 2017 | 4.55 | 5.78 | 3.22 | -1.11 |
| 2016 | 1.48 | 1.13 | 5.4 | 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 | 0.5 | 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 | -0.3 | -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 | 1.7 |
| 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.