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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
Q1 | Q2 | Q3 | Q4 | |
2020 | -29.67% | 32.03% | ||
2019 | 4.36% | 4.77% | -0.55% | -10.12% |
2018 | 8.91% | 3.30% | -13.68% | -16.84% |
2017 | -7.61% | -3.92% | 7.65% | -7.38% |
2016 | 12.19% | -15.44% | 11.61% | -4.43% |
2015 | 8.06% | -15.72% | 3.56% | -9.06% |
2014 | 7.18% | -12.64% | 16.66% | -6.06% |
2013 | 9.22% |
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
Year | Inflation Adjusted | Nominal Change |
2019 | -2.28% | 4.66% |
2018 | -19.24% | -9.58% |
2017 | -11.49% | 7.89% |
2016 | 1.18% | 24.74% |
2015 | -14.23% | -4.73% |
2014 | 2.61% | 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.