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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
Source: Federal Housing Finance Agency
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2024 | 16.85% | 1.86% | ||
2023 | 0.60% | 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% |
2019 | 5.14% | -2.06% | 6.14% | 0.96% |
2018 | -0.37% | -4.30% | 0.03% | -1.62% |
2017 | 0.55% | -5.25% | -1.30% | 3.08% |
2016 | 2.44% | -7.13% | 6.08% | -6.37% |
2015 | -0.31% | 1.90% | -3.79% | 0.55% |
2014 | 2.09% | -0.82% | -6.14% | -1.46% |
2013 | -1.32% | 0.39% | -4.85% | -1.83% |
2012 | 1.91% | -1.69% | 1.38% | -1.03% |
2011 | -3.42% | -2.08% | -1.82% | -0.24% |
2010 | 2.50% | -0.45% | 4.46% | -4.34% |
2009 | 2.80% | -2.85% | 0.45% | -4.92% |
2008 | 1.08% | -6.45% | 0.84% | 1.47% |
2007 | 2.20% | 0.23% | -1.63% | -2.25% |
2006 | 1.39% | -2.85% | 0.54% | -1.65% |
2005 | 0.18% | 0.63% | -3.54% | 1.42% |
2004 | 1.07% | -1.55% | 2.07% | 0.37% |
2003 | 1.49% | 1.46% | 0.26% | -0.04% |
2002 | 2.76% | -1.34% | 0.74% | 0.87% |
2001 | 5.81% | -0.45% | 2.03% | 1.35% |
2000 | -1.35% | 1.36% | 1.74% | 0.07% |
1999 | 3.84% | -2.09% | 2.87% | -0.19% |
1998 | 4.43% | 0.81% | 3.61% | 0.93% |
1997 | 0.93% | 2.71% | 3.29% | -2.57% |
1996 | 0.78% | 0.12% | 0.80% | 0.12% |
1995 | 2.11% | 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
Year | Inflation Adjusted | Nominal Change |
2023 | -1.72% | 0.22% |
2022 | -4.30% | 1.48% |
2021 | 0.97% | 5.17% |
2020 | 13.01% | 12.91% |
2019 | 10.36% | 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% |
2012 | 0.52% | 1.68% |
2011 | -7.38% | -4.36% |
2010 | 1.97% | 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% |
2004 | 1.93% | 6.96% |
2003 | 3.20% | 3.76% |
2002 | 3.03% | 5.41% |
2001 | 8.92% | 6.78% |
2000 | 1.80% | 5.39% |
1999 | 4.38% | 6.01% |
1998 | 10.08% | 9.88% |
1997 | 4.32% | 4.70% |
1996 | 1.83% | 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.