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Residential property prices in Lima, Peru, flats (New Sol/ sq.m.) (2007=100)

December, 08, 2022

Peru

Apartment prices in Lima, Peru. The source of these Lima property prices is the Central Reserve Bank of Peru (Spanish: Banco Central de Reserva del Perú, '), the equivalent of the Federal Reserve of the United States or the European Central Bank in Europe.

Apartment prices in Lima, Peru, % change 1 yr

Nominal and inflation-adjusted ('real')

Peru

Source: Central Reserve Bank of Peru (BCRP)


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2022-0.86-0.82-1.5
2021-1.8-0.23-3.96-3.16
20200.381.17-0.030.33
20190.030.77-0.51-2.79
2018-0.92-1.281.74-0.15
2017-0.96-0.750.93-0.36
2016-3.061.480.270.33
2015-1.24-2.5-1.26-3.11
20142.933.41-5.3-0.08
20135.981.11-0.24-0.4
20126.465.261.542.42
20116.854.514.43-1.37
20108.823.862.221.75
2009-3.060.318.860.93
2008-0.113.1610.830.9

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.