House Price Index up 1.6% in Q4 2023

08:04 - 05 April 2024

Real Estate

The House Price Index (HPI) increased by 1.6% in the fourth quarter of 2023 compared to the corresponding quarter of 2022, while it decreased compared to the previous quarters of 2023.

According to a preliminary estimate by Cystat, the HPI for the fourth quarter of 2023 is calculated at 109.95 units.

Compared to the third quarter of 2023, the HPI decreased by 0.6%, while compared to the corresponding quarter of 2022, it increased by 1.6%.

It is noted that in the first quarter of 2023, the HPI stood at 110.31 units and in the second quarter of the same year at 110.15 units.

House Price Index up 1.6% in Q4 2023

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