Key information about House Prices Growth

• Chile house prices dropped 1.7% YoY in Sep 2024, following a decrease of 3.0% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 2004 to Sep 2024, with an average growth rate of 4.2%.
• House price data reached an all-time high of 13.9% in Aug 2021 and a record low of -3.6% in Jun 2006.

Graph and download economic data for Real Residential Property Prices for Chile (QCLR628BIS) from Q1 2002 to Q1 2025 about Chile, residential, housing, real, and price.

Chile Real Estate Market: Santiago: Sales: Housing data was reported at 241.000 Unit in Sep 2024. This records a decrease from the previous number of 252.000 Unit for Aug 2024. Chile Real Estate Market: Santiago: Sales: Housing data is updated monthly, averaging 727.470 Unit from Jan 1994 (Median) to Sep 2024, with 369 observations. The data reached an all-time high of 1,720.000 Unit in Mar 1994 and a record low of 177.000 Unit in Oct 2022. Chile Real Estate Market: Santiago: Sales: Housing data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

Housing Index in Chile increased to 160.90 points in June from 159.50 points in May of 2025. This dataset provides - Chile House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Chile was the country with the highest inflation-adjusted increase in house prices since 2010 among the countries under observation. In the fourth quarter of the year, the real house price index in Chile hit 202.57 index points. This means that, adjusted for inflation, house prices grew by 102.57 percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.

In 2024, Chile was the country with the highest increase in house prices since 2010 among the countries under observation. In the fourth quarter of the year, the nominal house price index in Chile exceeded 366 index points. That suggests an increase of 266 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.

Chile Real Estate Market: National: Supply: Houses data was reported at 8,926.000 Unit in Sep 2024. This records an increase from the previous number of 8,874.000 Unit for Aug 2024. Chile Real Estate Market: National: Supply: Houses data is updated monthly, averaging 15,830.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 27,186.000 Unit in Nov 2007 and a record low of 8,382.000 Unit in Dec 2023. Chile Real Estate Market: National: Supply: Houses data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

In Greater Santiago, Chile, the prices of houses smaller than *** square meters remained stable in March 2024 compared to the same month in 2023, ranging between ** and ** UFs. In contrast, houses sized between *** and *** square meters saw an almost ** percent decrease in price, while larger houses over *** square meters experienced a ** percent increase.

Residential real estate prices in Chile have gradually risen since 2010, with the house price index peaking at 196.8 index points in the fourth quarter of 2024. The house price index measures the quarterly development of house prices using 2015 as a base year. An index value of 150 means that house prices increased by 50 percent since 2015.

Chile Facility Management in Real Estate Market is valued at USD 1.2 billion, driven by urbanization, sustainable practices, and commercial growth with key segments in hard services and commercial end-users.

Chile Real Estate Market: Santiago: Supply: Houses data was reported at 4,532.000 Unit in Sep 2024. This records a decrease from the previous number of 4,593.000 Unit for Aug 2024. Chile Real Estate Market: Santiago: Supply: Houses data is updated monthly, averaging 7,106.000 Unit from Jan 1994 (Median) to Sep 2024, with 369 observations. The data reached an all-time high of 14,261.000 Unit in Nov 2007 and a record low of 3,752.000 Unit in Mar 2021. Chile Real Estate Market: Santiago: Supply: Houses data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

Chile Real Estate Market: National: Supply: Total data was reported at 105,009.000 Unit in Sep 2024. This records a decrease from the previous number of 105,477.000 Unit for Aug 2024. Chile Real Estate Market: National: Supply: Total data is updated monthly, averaging 87,232.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 107,193.000 Unit in Aug 2023 and a record low of 49,676.000 Unit in Dec 2004. Chile Real Estate Market: National: Supply: Total data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

Chile Real Estate Market: Santiago: Supply: Apartments data was reported at 62,651.000 Unit in Sep 2024. This records an increase from the previous number of 62,533.000 Unit for Aug 2024. Chile Real Estate Market: Santiago: Supply: Apartments data is updated monthly, averaging 32,205.000 Unit from Jan 1994 (Median) to Sep 2024, with 369 observations. The data reached an all-time high of 63,455.000 Unit in Aug 2023 and a record low of 11,327.450 Unit in Mar 1995. Chile Real Estate Market: Santiago: Supply: Apartments data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.

Real residential property prices Y-on-Y, percent change in Chile, March, 2025 The most recent value is 2.83 percent as of Q1 2025, a decline compared to the previous value of 3.05 percent. Historically, the average for Chile from Q1 2003 to Q1 2025 is 4.56 percent. The minimum of -7.09 percent was recorded in Q4 2022, while the maximum of 11.95 percent was reached in Q3 2014. | TheGlobalEconomy.com

Apartment prices mainly increased across all communes in Greater Santiago, Chile, between March 2023 and March 2024 with a few exceptions. Las Condes was the most expensive commune, with a median apartment price of about 107 UFs per square meter in 2024.

The real estate transaction value in the real estate market in Chile was modeled to amount to 11.37 billion U.S. dollars in 2024. Following a continuous upward trend, the real estate transaction value has risen by 5.88 billion U.S. dollars since 2017. Between 2024 and 2029, the real estate transaction value will rise by 2.68 billion U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Real Estate.

The Latin America Office Real Estate Market is Segmented by Geography (Mexico, Brazil, Colombia, Chile, and the Rest of Latin America). The report offers market size and forecasts in values (USD billion) for all the above segments.

The Latin American office real estate market, encompassing key nations like Brazil, Mexico, Colombia, and Chile, exhibits robust growth potential. Driven by expanding economies, increasing urbanization, and a burgeoning technology sector, the market is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.5% from 2025 to 2033. Significant investments in infrastructure and a rise in foreign direct investment further fuel this expansion. However, economic volatility in certain regions and potential regulatory hurdles pose challenges. The market segmentation reveals Brazil and Mexico as leading contributors to overall market size, benefiting from robust economic activity and substantial corporate presence. Colombia and Chile also contribute significantly, with a growth trajectory closely linked to their respective economic performance and attractiveness to international businesses. While precise market sizing for 2025 is unavailable, leveraging the provided CAGR and assuming a 2024 market size of approximately $100 billion USD (a plausible estimate considering the scale of the economies involved), the market size for 2025 can be estimated to be around $105.5 billion USD. This growth is expected to continue, with further expansion fueled by the increasing demand for modern and sustainable office spaces, particularly in major metropolitan areas. Competition among major players like CBRE Group, Cushman & Wakefield, and local firms such as OAS S.A. and Andrade Gutierrez S.A., is intensifying, leading to innovation in design, technology integration, and sustainable building practices. The market is also witnessing increased adoption of flexible workspaces and co-working models, catering to evolving corporate needs. This demand for flexible solutions is likely to drive further investment and growth in specific segments of the market. Long-term prospects remain positive, though careful consideration of macroeconomic factors and localized market conditions is crucial for successful investment and strategic planning. The forecast period from 2025 to 2033 presents lucrative opportunities, particularly for companies offering innovative and sustainable solutions tailored to the specific needs of different markets within Latin America. Recent developments include: June 2022: Patria Investments ('Patria'), a global alternative asset manager, acquired VBI Real Estate ('VBI'), one of the top independent alternative real estate asset managers in Brazil, with approximately USD 75 Million in assets under management across both development and core real estate vehicles. The transaction is structured in two stages, the first of which entails the acquisition of 50% of VBI by Patria. The second stage, when closed, will lead to full ownership and integration of VBI to Patria's platform, January 2022: Brazilian real estate group SYN Prop e Tech has enlisted US firm Paul Hastings LLP and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell its stake in a portfolio of office buildings in São Paulo to Canadian asset management fund Brookfield for 1.8 billion reais (USD 318 million).. Notable trends are: Demand for Grade-A Offices, Co-working Offices to Rise.

This dataset is used in the paper titled "Affinities and Complementarities of Methods and Information Sets in the Estimation of Prices in Real Estate Markets"

Chile Real Estate Market: National: Sales: Houses data was reported at 490.000 Unit in Sep 2024. This records a decrease from the previous number of 518.000 Unit for Aug 2024. Chile Real Estate Market: National: Sales: Houses data is updated monthly, averaging 1,408.000 Unit from Jan 2004 (Median) to Sep 2024, with 249 observations. The data reached an all-time high of 3,008.000 Unit in Oct 2007 and a record low of 428.000 Unit in Dec 2023. Chile Real Estate Market: National: Sales: Houses data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EB001: Real Estate Market: Supply and Sales.