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House prices in India: RBI house price index (Q2 2010=100)
May, 21, 2021
India
House prices in India We use the Reserve Bank of India quarterly all-India index, which dates back to Q2 2010. The National Housing Bank (NHB) also publishes a quarterly house price index for India called Residex. It is based on actual transaction prices, and covers house prices in many different regions of India.
House prices in India, % change 1 yr
Nominal and inflation-adjusted ('real')
India
Source: Reserve Bank of India
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2020 | -0.35 | 0.47 | -3.26 | -0.53 |
| 2019 | -3.07 | 0.22 | -1.37 | -1.03 |
| 2018 | 0.15 | 1.77 | -3.11 | 1.27 |
| 2017 | 1.61 | 2.31 | -1.87 | 1.31 |
| 2016 | -0.68 | 3.04 | 0.18 | 2.87 |
| 2015 | 4.72 | -0.32 | -0.95 | -0.28 |
| 2014 | 5.77 | 1.59 | -0.86 | 4.53 |
| 2013 | 0.27 | -1.57 | 0.58 | 0.29 |
| 2012 | 6.14 | 2.73 | -0.39 | 4.61 |
| 2011 | 5.32 | 8.04 | -0.95 | 3.34 |
| 2010 | 2.19 | -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.