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Georgia National House Price Index: Flats and Houses (2020 = 100)
Georgia
House prices in Georgia, % change 1 yr
Nominal and inflation-adjusted ('real')
Georgia
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2024 | 0.74% | 4.65% | -0.63% | 3.42% |
| 2023 | 0.74% | 4.55% | 4.15% | 2.45% |
| 2022 | -0.25% | -2.34% | 1.97% | 4.72% |
| 2021 | -4.19% | -2.61% | -4.75% | -0.10% |
| 2020 | 2.97% | -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
| Year | Inflation Adjusted | Nominal Change |
| 2024 | 8.34% | 10.35% |
| 2023 | 12.37% | 12.81% |
| 2022 | 4.02% | 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.