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Georgia National House Price Index: Flats and Houses (2020 = 100)

House prices in Georgia, % change 1 yr

Nominal and inflation-adjusted ('real')

Georgia

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20240.74%4.65%-0.63%3.42%
20230.74%4.55%4.15%2.45%
2022-0.25%-2.34%1.97%4.72%
2021-4.19%-2.61%-4.75%-0.10%
20202.97%-1.59%9.10%

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
20248.34%10.35%
202312.37%12.81%
20224.02%14.29%
2021-11.22%1.17%

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.


House prices in Georgia compared to the rest of the continent

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