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Property Prices in Georgia: House Price Index, Existing Dwellings (2020=100)

House prices in Georgia, % change 1 yr

Nominal and inflation-adjusted ('real')

Georgia

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20230.74%4.55%4.15%2.42%
2022-0.25%-2.34%1.97%4.72%
2021-4.19%-2.61%-4.75%-0.1%
20202.97%-1.59%9.1%

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.