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Puerto Rico House Price Index: Purchase-only house price index, seasonally adjusted

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
202416.85%1.86%
20230.60%7.26%-11.45%2.86%
2022-0.08%-5.13%3.58%-2.54%
2021-1.55%-0.75%2.00%1.30%
2020-2.88%11.13%0.11%4.59%
20195.14%-2.06%6.14%0.96%
2018-0.37%-4.30%0.03%-1.62%
20170.55%-5.25%-1.30%3.08%
20162.44%-7.13%6.08%-6.37%
2015-0.31%1.90%-3.79%0.55%
20142.09%-0.82%-6.14%-1.46%
2013-1.32%0.39%-4.85%-1.83%
20121.91%-1.69%1.38%-1.03%
2011-3.42%-2.08%-1.82%-0.24%
20102.50%-0.45%4.46%-4.34%
20092.80%-2.85%0.45%-4.92%
20081.08%-6.45%0.84%1.47%
20072.20%0.23%-1.63%-2.25%
20061.39%-2.85%0.54%-1.65%
20050.18%0.63%-3.54%1.42%
20041.07%-1.55%2.07%0.37%
20031.49%1.46%0.26%-0.04%
20022.76%-1.34%0.74%0.87%
20015.81%-0.45%2.03%1.35%
2000-1.35%1.36%1.74%0.07%
19993.84%-2.09%2.87%-0.19%
19984.43%0.81%3.61%0.93%
19970.93%2.71%3.29%-2.57%
19960.78%0.12%0.80%0.12%
19952.11%4.53%3.96%

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

YearInflation AdjustedNominal Change
2023-1.72%0.22%
2022-4.30%1.48%
20210.97%5.17%
202013.01%12.91%
201910.36%10.94%
2018-6.16%-5.61%
2017-3.08%-1.97%
2016-5.50%-5.07%
2015-1.73%-1.88%
2014-6.35%-6.28%
2013-7.46%-6.71%
20120.52%1.68%
2011-7.38%-4.36%
20101.97%2.50%
2009-4.62%-0.90%
2008-3.24%-1.92%
2007-1.50%2.69%
2006-2.61%1.79%
2005-1.38%4.42%
20041.93%6.96%
20033.20%3.76%
20023.03%5.41%
20018.92%6.78%
20001.80%5.39%
19994.38%6.01%
199810.08%9.88%
19974.32%4.70%
19961.83%5.80%

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.


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