Nominal house price index in select countries in the Americas 2010-2024, by quarter
In 2024, Chile was the country with the highest increase in house prices since 2010 among the countries under observation. In the first quarter of the year, the nominal house price index in Chile exceeded 342 index points. That suggests an increase of 242 percent since 2010, the baseline year when the index value was set to 100. It is important to note that the nominal index does not account for the effects of inflation, meaning that adjusted for inflation, price growth in real terms was slower.
