In Greater Santiago, Chile, the prices of houses smaller than 140 square meters remained stable in March 2024 compared to the same month in 2023, ranging between 45 and 61 UFs. In contrast, houses sized between 140 and 180 square meters saw an almost 17 percent decrease in price, while larger houses over 180 square meters experienced a 13 percent increase.
Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size
(in UF)
The Unidad de Fomento (UF), or Development Unit, is a Chilean inflation-indexed unit of account. Its value is adjusted daily based on changes in the Consumer Price Index (CPI), as determined by the Central Bank of Chile. It is widely used for real estate prices, mortgages, rents, insurance policies, and other financial transactions to preserve the real value of money against inflation.
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CChC. (May 28, 2024). Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size (in UF) [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/
CChC. "Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size (in UF)." Chart. May 28, 2024. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/
CChC. (2024). Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size (in UF). Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/
CChC. "Average Square Meter Price of Houses in Greater Santiago, Chile in March 2023 and March 2024, by Size (in Uf)." Statista, Statista Inc., 28 May 2024, https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/
CChC, Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size (in UF) Statista, https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/ (last visited January 03, 2025)
Average square meter price of houses in Greater Santiago, Chile in March 2023 and March 2024, by size (in UF) [Graph], CChC, May 28, 2024. [Online]. Available: https://www.statista.com/statistics/1347725/house-price-square-meter-santiago-chile-size/
