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Purchase-only House Price Index in Puerto Rico, Developmental index, Seasonally Adjusted (1995=100)

Puerto Rico

Source: Federal Housing Finance Agency

House prices in Puerto Rico, % change 1 yr

Nominal and inflation-adjusted ('real')

Puerto Rico

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-0.9%7.22%-13.28%6.75%
2022-0.21%-11.53%6.65%2.65%
20219.63%-1.53%1.17%-3.54%
2020-2.06%13.06%1.49%-1.05%
2019-4.59%8.26%0.26%-2.87%
2018-2.97%-5.41%0.08%9.17%
201712.33%-12.83%6.01%7.82%
20162.45%-5.94%1.27%-9.02%
2015-6.24%7.79%-6.33%-1.76%
2014-3.26%-4.72%-7.48%6.8%
20132.74%-1.23%-2.72%0.1%
20120.84%-2.03%1.04%-0.15%
2011-3.71%0.62%-3.16%-2.46%
2010-2.76%-0.11%5.01%-4.43%
2009-6.3%-2.65%-0.39%4.25%
20084.36%-8.98%-0.94%5.11%
20070.95%1.54%-1.46%-6.14%
2006-2.26%-0.18%1.17%-1.17%
20054.36%-1.7%-6.52%6.68%
20042.79%-1.69%2.97%-1.87%
2003-2.61%3.41%-0.33%0.66%
20021.87%-0.75%0.52%1.59%
20014.29%-1.24%0.9%4.14%
2000-1.68%2.21%2.21%-1.07%
19993.47%-0.62%3.11%0.01%
19984.63%2.32%2.01%2.54%
1997-0.52%3.25%5.03%-5.03%
1996-0.36%0.23%0.79%1%
1995-1.19%3.16%1.67%

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.