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House prices in Egypt: Aqarmap real estate index

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
2020-29.67%32.03%
20194.36%4.77%-0.55%-10.12%
20188.91%3.30%-13.68%-16.84%
2017-7.61%-3.92%7.65%-7.38%
201612.19%-15.44%11.61%-4.43%
20158.06%-15.72%3.56%-9.06%
20147.18%-12.64%16.66%-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.


Yearly change in house prices, nominal and inflation-adjusted

YearInflation AdjustedNominal Change
2019-2.28%4.66%
2018-19.24%-9.58%
2017-11.49%7.89%
20161.18%24.74%
2015-14.23%-4.73%
20142.61%11.39%

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.


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House prices in Egypt compared to the rest of the continent