Select a country

Property Prices in Colombia: New Home Price Index in Bogota (2015=100)

Colombia, Bogota

Source: Banco de la Republica Colombia

House prices in Bogotá, Colombia, % change 1 yr

Nominal and inflation-adjusted ('real')

Colombia, Bogota

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-4%-0.01%-0.26%-0.12%
2022-3.08%-0.18%-1.1%-0.57%
20210.33%-0.29%0.66%2.22%
2020-0.63%1.33%-0.17%3.13%
2019-1.17%0.04%0.83%1.85%
20180.25%0.32%1.75%0.3%
2017-0.82%0.69%1.82%1.99%
2016-3.03%0.48%2.44%1.65%
2015-0.12%-0.08%0.58%0.41%
20141.13%0.5%0.97%0.78%
20132.17%1.39%1.5%3.72%
20123.22%3.01%3.6%3.47%
20112.72%3.07%2.03%1.71%
20101.64%2.28%2.83%2.03%
2009-0.04%1.17%2.88%1.95%
2008-1.02%0.07%1.29%1.17%
20071.68%4.1%1.26%3.95%
20062.17%3.73%2.15%5.28%
20050.46%0.33%2.56%1.59%
2004-0.76%2.65%1.77%

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.