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Residential Property Price Index (2011=100)

Macau house prices, % change 1 yr

Nominal and inflation-adjusted ('real')

Macau

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2024-3.25%-3.34%
20230.32%0.69%-3.61%-4.18%
2022-3.22%-0.87%-3.31%-1.18%
2021-3.26%2.88%-0.19%-0.88%
2020-1.99%1.32%1.85%0.10%
2019-2.77%1.39%-1.07%-0.58%
20180.79%5.58%-0.38%-1.23%
20171.47%3.14%0.73%-0.48%
2016-4.56%6.64%2.77%3.94%
2015-0.55%-0.89%-6.24%-6.31%
20145.95%7.55%-0.57%-7.63%
20137.17%-2.71%14.08%

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
2023-6.70%-5.38%
2022-8.33%-7.62%
2021-1.55%-0.45%
20201.25%0.41%
2019-3.03%-0.41%
20184.71%8.00%
20174.93%6.78%
20168.71%10.26%
2015-13.41%-10.04%
20144.66%10.90%

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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