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Mongolia (Ulaanbaatar) House Price Index: Average SQM Price of Resale Apartments
Mongolia
House prices in Mongolia, % change 1 yr
Nominal and inflation-adjusted ('real')
Mongolia
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 2.12% | |||
| 2024 | 1.17% | 3.08% | 2.61% | 2.91% |
| 2023 | -1.19% | -1.20% | 1.63% | 2.80% |
| 2022 | -3.52% | 0.00% | 2.02% |
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 | 10.12% | 18.94% |
| 2023 | 1.98% | 10.46% |
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.