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Puerto Rico house price index, seasonally adjusted (1995=100)
March, 16, 2023
Puerto Rico
Federal Housing Finance Agency
Real estate price trend in Puerto Rico. We use the Federal Housing Finance Agency quarterly purchase-only house price index for Puerto Rico. Estudios Tecnicos Inc., a consulting firm, publish a quarterly Construction and Sales activity report (subscription-only)
House prices in Puerto Rico, % change 1 yr
Nominal and inflation-adjusted ('real')
Puerto Rico
Source: Federal Housing Finance Agency
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | -0.45 | |||
| 2022 | -1.62 | -6.83 | 7.7 | -0.18 |
| 2021 | 9.63 | -0.32 | -1.4 | -3.83 |
| 2020 | -0.7 | 9.73 | 4.03 | 0.68 |
| 2019 | -5.3 | 12.24 | -3.16 | -4.28 |
| 2018 | -3.85 | -4.9 | -1.65 | 10.19 |
| 2017 | 14.58 | -13.92 | 6.27 | 8.76 |
| 2016 | 4.11 | -4.49 | 0.26 | -10.44 |
| 2015 | -4.98 | 6.47 | -3.8 | -3.47 |
| 2014 | -4.84 | -3.6 | -6.75 | 4.55 |
| 2013 | 3.6 | -1.16 | -4.51 | 1.02 |
| 2012 | 0.86 | -1.54 | 0.59 | -0.18 |
| 2011 | -3.52 | -0.19 | -2.29 | -2.61 |
| 2010 | -3.78 | 0.12 | 4.42 | -3.85 |
| 2009 | -7.8 | -1.25 | -1.04 | 5.16 |
| 2008 | 2.67 | -7.36 | 0.11 | 4.38 |
| 2007 | 0.15 | 2.81 | -2.63 | -4.88 |
| 2006 | -1.97 | -1.26 | 1.55 | -1.55 |
| 2005 | 3.23 | -1.35 | -5.79 | 7.24 |
| 2004 | 3.12 | -1.5 | 2.52 | -1.38 |
| 2003 | -2.87 | 3.32 | -0.68 | 0.56 |
| 2002 | 1.62 | -0.56 | 0.68 | 1.84 |
| 2001 | 4.08 | -0.94 | 0.66 | 4.19 |
| 2000 | -2.72 | 3.06 | 2.1 | -0.95 |
| 1999 | 3.33 | -1 | 3.41 | 0.35 |
| 1998 | 4.54 | 2.31 | 2.12 | 2.66 |
| 1997 | -0.64 | 3.42 | 4.9 | -4.95 |
| 1996 | -0.21 | 0.21 | 0.79 | 0.98 |
| 1995 | -0.73 | 3.54 | 1.21 |
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.