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Property Prices in Georgia: House Price Index, Existing Dwellings (2020=100)
Georgia
Source: National Statistics Office of Georgia
House prices in Georgia, % change 1 yr
Nominal and inflation-adjusted ('real')
Georgia
Source: National Statistics Office of Georgia
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2023 | 0.74% | 4.55% | 4.15% | |
2022 | -0.25% | -2.34% | 1.97% | 4.72% |
2021 | -4.19% | -2.61% | -4.75% | -0.1% |
2020 | 2.97% | -1.59% | 9.1% |
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.