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Property prices in Georgia: residential price index, existing dwellings (2020=100)
May, 30, 2023
Georgia
Georgia House Prices
House prices in Georgia, % change 1 yr
Nominal and inflation-adjusted ('real')
Georgia
Source: National Statistics of Georgia
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | 0.74 | |||
| 2022 | -0.25 | -2.34 | 1.97 | 4.72 |
| 2021 | -4.19 | -2.61 | -4.75 | -0.1 |
| 2020 | 2.97 | -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.