The annual value of residential real estate transactions in Greater Santiago, Chile fluctuated between 16 million UF and 31.9 million UF in the period from 2013 to 2024. Apartments made up the larger share of the housing market at 16 million UF in the first months of 2024 - almost four times the size of the house market.
Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type
(in million 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). Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type (in million UF) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/
CChC. "Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type (in million UF)." Chart. May 28, 2024. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/
CChC. (2024). Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type (in million UF). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/
CChC. "Value of Residential Real Estate Sold in Greater Santiago, Chile from 2013 to March 2024, by Property Type (in Million Uf)." Statista, Statista Inc., 28 May 2024, https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/
CChC, Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type (in million UF) Statista, https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/ (last visited January 05, 2025)
Value of residential real estate sold in Greater Santiago, Chile from 2013 to March 2024, by property type (in million UF) [Graph], CChC, May 28, 2024. [Online]. Available: https://www.statista.com/statistics/1347742/residential-transactions-value-santiago-chile/
