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Property Prices in India: House Price Index (2010=100)

India

Source: National Housing Bank

House prices in India, % change 1 yr

Nominal and inflation-adjusted ('real')

India

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20230.24%0.98%-3.69%1.63%
2022-1.1%-0.44%-1.04%-0.15%
20210.6%-1.03%-2.47%1.16%
2020-0.35%0.47%-3.29%0.56%
2019-3.07%0.22%-1.37%-1.03%
20180.15%1.77%-3.11%1.27%
20171.61%2.31%-1.87%1.31%
2016-0.68%3.04%0.18%2.87%
20154.72%-0.32%-0.95%-0.28%
20145.77%1.59%-0.86%4.53%
20130.27%-1.57%0.58%0.29%
20126.14%2.73%-0.39%4.61%
20115.32%8.04%-0.95%3.34%
20102.19%-2.77%

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.