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Colombia (Bogota) House Price Index: New Dwellings (2006 = 100)
Colombia, Medellin
Source: Banco de la Republica Colombia
House prices in Bogotá, Colombia, % change 1 yr
Nominal and inflation-adjusted ('real')
Colombia, Medellin
Source: Banco de la Republica Colombia
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2024 | -1.26% | -0.63% | -0.38% | 1.01% |
2023 | -3.92% | 0.21% | -0.02% | 0.24% |
2022 | -2.85% | 0.01% | -0.88% | -0.49% |
2021 | 0.40% | -0.19% | 0.85% | 2.47% |
2020 | -0.60% | 1.31% | -0.07% | 3.61% |
2019 | -1.09% | 0.04% | 0.94% | 1.83% |
2018 | 0.23% | 0.33% | 1.77% | 0.38% |
2017 | -0.75% | 0.69% | 1.84% | 2.02% |
2016 | -3.03% | 0.50% | 2.47% | 1.66% |
2015 | -0.10% | -0.09% | 0.58% | 0.40% |
2014 | 1.12% | 0.51% | 0.99% | 0.78% |
2013 | 2.17% | 1.40% | 1.51% | 3.72% |
2012 | 3.21% | 3.02% | 3.60% | 3.48% |
2011 | 2.71% | 3.08% | 2.03% | 1.71% |
2010 | 1.73% | 2.28% | 2.83% | 2.04% |
2009 | -0.04% | 1.17% | 2.83% | 1.95% |
2008 | -1.02% | 0.07% | 1.25% | 1.15% |
2007 | 1.67% | 4.10% | 1.26% | 3.96% |
2006 | 2.18% | 3.73% | 2.14% | 5.28% |
2005 | 0.46% | 0.33% | 2.55% | 1.59% |
2004 | -0.74% | 2.64% | 1.79% |
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.
Yearly change in house prices, nominal and inflation-adjusted
Year | Inflation Adjusted | Nominal Change |
2024 | -1.27% | 3.88% |
2023 | -3.51% | 5.44% |
2022 | -4.16% | 8.42% |
2021 | 3.56% | 9.38% |
2020 | 4.25% | 5.93% |
2019 | 1.71% | 5.58% |
2018 | 2.73% | 6.00% |
2017 | 3.83% | 8.07% |
2016 | 1.52% | 7.35% |
2015 | 0.80% | 7.62% |
2014 | 3.44% | 7.23% |
2013 | 9.08% | 11.19% |
2012 | 13.99% | 16.77% |
2011 | 9.88% | 13.98% |
2010 | 9.17% | 12.64% |
2009 | 6.03% | 8.14% |
2008 | 1.44% | 9.24% |
2007 | 11.41% | 17.75% |
2006 | 13.99% | 19.09% |
2005 | 5.02% | 10.12% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.