Puerto Rico house price index, seasonally adjusted (Q1 1995=100)

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Next update: January 2026
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Puerto Rico

Federal Housing Finance Agency

Real estate price trend in Puerto Rico.

We use the Federal Housing Finance Agency quarterly purchase-only house price index for Puerto Rico.

Estudios Tecnicos Inc., a consulting firm, publish a quarterly Construction and Sales activity report (subscription-only).


House prices in Puerto Rico, % change 1 yr

Nominal and inflation-adjusted ('real')

Puerto Rico

Source: Federal Housing Finance Agency


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2020-2.18%3.71%
20193.78%3.16%-1.57%-4.30%
2018-5.97%-8.18%-1.61%7.52%
20172.68%-9.55%6.02%12.56%
20160.68%3.26%-1.78%-6.55%
20150.76%-2.13%4.24%-5.77%
2014-6.27%-0.74%-9.46%5.83%
201311.31%-12.30%5.10%0.28%
2012-1.84%-0.65%0.16%-2.66%
2011-3.29%1.21%-2.55%-0.66%
2010-7.23%0.31%3.20%-5.85%
2009-3.28%-4.38%-1.23%6.79%
20082.34%-8.66%-1.34%4.38%
20072.09%3.44%-3.18%-3.00%
2006-2.01%-1.06%1.60%-2.90%
20053.25%-3.42%-4.24%6.23%
20041.18%-0.85%3.21%0.20%
2003-2.57%4.23%-0.66%0.79%
20021.84%-0.53%1.65%1.98%
20013.60%-0.79%0.31%3.58%
2000-2.64%3.64%1.92%-0.95%
19992.98%-1.33%3.75%0.24%
19984.29%3.04%2.73%2.70%
1997-0.97%3.18%5.54%-5.33%
19960.29%0.36%0.46%0.89%
1995-0.78%2.15%1.83%

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

YearInflation AdjustedNominal Change
20190.85%1.38%
2018-8.66%-8.11%
201710.83%12.09%
2016-4.57%-4.14%
2015-3.14%-3.29%
2014-10.85%-10.79%
20132.89%3.72%
2012-4.92%-3.83%
2011-5.24%-2.14%
2010-9.58%-9.11%
2009-2.45%1.36%
2008-3.73%-2.42%
2007-0.83%3.38%
2006-4.35%-0.03%
20051.44%7.40%
20043.74%8.87%
20031.67%2.22%
20025.02%7.44%
20016.79%4.70%
20001.86%5.46%
19995.67%7.32%
199813.38%13.17%
19972.10%2.47%
19962.02%5.99%

This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.


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