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House prices in India: RBI house price index (Q2 2010=100)
August, 29, 2020
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 | 1.9 | -0.42 | -1.5 | 0.57 |
| 2017 | 3.13 | -0.7 | 1.37 | -0.22 |
| 2016 | 2.11 | -3.45 | 3.96 | 2.26 |
| 2015 | 4.39 | 3.1 | -0.8 | -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.