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House price index, Mongolia (2013=100)
Mongolia
House prices in Mongolia, % change 1 yr
Nominal and inflation-adjusted ('real')
Mongolia
Source: Ikon
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2019 | 0.00% | -5.26% | 1.85% | 1.82% |
2018 | -3.33% | 1.72% | 1.69% | -5.00% |
2017 | -3.17% | 0.00% | -1.64% | 0.00% |
2016 | -2.99% | -1.54% | 0.00% | -1.56% |
2015 | -2.60% | -5.33% | -2.82% | -2.90% |
2014 | 1.16% | -3.45% | -2.38% | -6.10% |
2013 | 2.38% |
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 | -1.75% | 2.83% |
2018 | -5.00% | 4.95% |
2017 | -4.76% | 0.00% |
2016 | -5.97% | -4.72% |
2015 | -12.99% | -10.92% |
2014 | -10.47% | -0.83% |
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.