Real Residential Property Prices for Colombia
QCOR368BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.33
Year-over-Year Change
-753.54%
Date Range
1/1/1989 - 1/1/2025
Summary
The Real Residential Property Prices for Colombia index measures the change in housing prices over time, adjusted for inflation. This metric is crucial for analyzing the Colombian real estate market and understanding broader economic trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Real Residential Property Prices for Colombia index, compiled by the Bank for International Settlements, tracks the evolution of residential property prices in the country. This data is widely used by economists, policymakers, and real estate analysts to assess housing affordability, investment opportunities, and macroeconomic conditions.
Methodology
The index is calculated using a weighted average of residential property prices across Colombia.
Historical Context
This trend provides important insights for financial institutions, government agencies, and consumers interested in the Colombian housing market.
Key Facts
- The index has a base year of 2015.
- Colombia's real estate prices have risen steadily since 2016.
- Residential property prices are a key indicator of economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Real Residential Property Prices for Colombia index tracks the change in housing prices over time, adjusted for inflation, in the Colombian real estate market.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing the Colombian housing market, assessing affordability, and understanding broader economic conditions in the country.
Q: How is this data collected or calculated?
A: The index is calculated using a weighted average of residential property prices across Colombia.
Q: How is this trend used in economic policy?
A: This data is widely used by economists, policymakers, and real estate analysts to inform decisions related to housing, investment, and macroeconomic policy.
Q: Are there update delays or limitations?
A: The Real Residential Property Prices for Colombia index is updated regularly by the Bank for International Settlements, but there may be some delays in data availability.
Related Trends
Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Colombia
COLBCEMFT02STSAQ
Use of Financial Services Borrowers: Households Borrowing from Credit Unions and Financial Cooperatives for Colombia
COLFCRODUHPENUM
Outstanding International Public Debt Securities to GDP for Colombia
DDDM06COA156NWDB
Consumer Price Index: All Items: Total for Colombia
COLCPALTT01IXNBM
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Colombia
COLLREM24FESTSAM
Consumer Price Index: OECD Groups: Services: Total for Colombia
COLCPGRSE01GPQ
Citation
U.S. Federal Reserve, Real Residential Property Prices for Colombia (QCOR368BIS), retrieved from FRED.