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House prices in Colombia, 6 cities' home price index (1990 = 100)
Colombia, Bogota
Banco de la Republica Colombia
House prices in Colombia
We use the Banco de la Republica Colombia quarterly used housing price index, based on loan appraisals reported by various banks, usimg the repeat-sales methodology. It covers 6 cities - Bogotá, Medellín, Cali, Soacha, Bello, and Envigado e Itaguí. It started in 1988.
House prices in Colombia, % change 1 yr
Nominal and inflation-adjusted ('real')
Colombia, Bogota
Source: Banco de la Republica Colombia
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2020 | 0.14% | |||
2019 | 0.72% | 0.59% | 1.74% | -1.61% |
2018 | -1.68% | 4.54% | -0.31% | -0.46% |
2017 | -1.29% | 3.50% | 1.36% | -0.07% |
2016 | 2.93% | 1.28% | 0.81% | -0.51% |
2015 | 2.16% | 2.79% | 0.74% | -2.07% |
2014 | 3.46% | 0.32% | 1.96% | -1.88% |
2013 | 2.98% | 1.51% | 0.45% | -0.01% |
2012 | 1.04% | 3.46% | 0.73% | 2.29% |
2011 | -2.90% | 4.04% | 2.10% | -0.05% |
2010 | 2.37% | 0.81% | -1.28% | 5.04% |
2009 | 1.54% | 0.40% | 2.58% | 0.43% |
2008 | 3.04% | 2.27% | -0.41% | 1.27% |
2007 | 4.38% | 2.08% | 0.65% | 4.11% |
2006 | 2.94% | 1.98% | 3.91% | 1.41% |
2005 | -3.52% | 2.56% | -0.06% | 0.80% |
2004 | -1.90% | 2.64% | -2.00% | 7.10% |
2003 | -3.97% | 1.19% | -1.94% | 4.34% |
2002 | -7.07% | 1.72% | -2.48% | -0.59% |
2001 | 4.70% | -5.14% | -0.58% | 4.34% |
2000 | -0.11% | -2.20% | -3.72% | -2.65% |
1999 | -3.70% | -3.68% | -3.61% | 0.82% |
1998 | -0.57% | -4.49% | -4.20% | -1.84% |
1997 | -3.47% | -2.22% | 0.42% | 1.57% |
1996 | -0.71% | -2.56% | -3.72% | -0.63% |
1995 | 1.23% | -0.86% | 1.89% | 2.29% |
1994 | 3.97% | -3.48% | 5.43% | 3.86% |
1993 | 1.17% | 0.84% | 3.32% | 1.58% |
1992 | -2.21% | -2.53% | -2.95% | -1.57% |
1991 | -5.77% | 1.98% | -4.91% | 2.38% |
1990 | -7.87% | 2.98% | -1.35% |
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 | 1.42% | 5.36% |
2018 | 2.00% | 5.34% |
2017 | 3.47% | 7.82% |
2016 | 4.56% | 10.97% |
2015 | 3.61% | 10.13% |
2014 | 3.83% | 7.53% |
2013 | 5.00% | 6.78% |
2012 | 7.71% | 10.95% |
2011 | 3.09% | 7.13% |
2010 | 7.02% | 9.64% |
2009 | 5.04% | 8.01% |
2008 | 6.28% | 14.55% |
2007 | 11.64% | 17.49% |
2006 | 10.61% | 15.36% |
2005 | -0.33% | 4.83% |
2004 | 5.68% | 11.87% |
2003 | -0.58% | 5.94% |
2002 | -8.36% | -2.50% |
2001 | 3.04% | 11.16% |
2000 | -8.44% | -0.20% |
1999 | -9.86% | -1.24% |
1998 | -10.69% | 4.46% |
1997 | -3.73% | 13.74% |
1996 | -7.44% | 13.43% |
1995 | 4.59% | 26.33% |
1994 | 9.89% | 34.72% |
1993 | 7.07% | 31.02% |
1992 | -8.95% | 14.87% |
1991 | -6.45% | 21.05% |
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.