Key information about House Prices Growth

• Colombia house prices grew 9.1% YoY in Dec 2024, following an increase of 10.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1998 to Dec 2024, with an average growth rate of 8.3%.
• House price data reached an all-time high of 19.2% in Sep 2007 and a record low of -4.0% in Sep 2000.

Housing Index in Colombia increased to 150.38 points in the second quarter of 2025 from 147.29 points in the first quarter of 2025. This dataset provides - Colombia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Colombia (QCON628BIS) from Q1 1988 to Q1 2025 about Colombia, residential, housing, and price.

The real estate transaction value in the real estate market in Colombia was modeled to be ************* U.S. dollars in 2024. Following a continuous upward trend, the real estate transaction value has risen by ************ U.S. dollars since 2017. Between 2024 and 2029, the real estate transaction value will rise by ************ 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.

Prices for newly built residential properties in Colombia rose gradually between 2006 and 2021, followed by a decrease in 2022. Bogota measured the highest house price increase, with an index value of almost *** as of October 2022. This means that since 2006, the base year for the index, house prices increased by ** percent. In Cali, the index value during the same period was *****, or about ** percent increase since 2006.

The Latin American residential real estate market, valued at $477.77 million in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 8.32% from 2025 to 2033. This growth is fueled by several key factors. Rapid urbanization across major Latin American cities like Mexico City, São Paulo, and Bogotá is driving significant demand for housing, particularly apartments and condominiums. Furthermore, a growing middle class with increased disposable income is fueling demand for both affordable and luxury housing options. Government initiatives aimed at improving infrastructure and fostering economic development in various regions are also contributing to market expansion. The market is segmented by property type (apartments and condominiums, landed houses and villas) and geography (Mexico, Brazil, Colombia, and the Rest of Latin America), with Brazil and Mexico anticipated to represent the largest shares due to their larger populations and economies. While challenges such as economic volatility and fluctuating interest rates exist, the long-term outlook remains positive, driven by sustained population growth and ongoing investment in the sector by major players such as JLL, CBRE, MRV Engenharia, and others. However, the market faces some headwinds. Construction costs, particularly for materials, can be volatile and influence pricing. Regulatory hurdles and bureaucratic processes in some countries can slow down project development. Furthermore, ensuring sustainable and environmentally responsible construction practices is becoming increasingly important for developers to attract environmentally conscious buyers. Successfully navigating these challenges will be crucial for continued market expansion. The segment of landed houses and villas is expected to witness strong growth, albeit potentially at a slower pace than apartments and condominiums, driven by a demand for larger spaces and a preference for suburban living among higher-income demographics. The Rest of Latin America segment presents significant untapped potential for future growth as economies develop and infrastructure improves. Recent developments include: November 2023: CBRE, a prominent global consultancy and real estate services firm, unveiled its latest initiative, the Latam-Iberia platform. The platform's primary goal is to reinvigorate the real estate markets in Europe and Latin America while fostering investment ties between the two regions. By enhancing business collaborations and amplifying the visibility of real estate solutions, CBRE aims to catalyze growth in the sector., May 2023: CJ do Brasil, a subsidiary of multinational firm CJ Bio, completed its USD 57 million plant expansion in Piracicaba, 160 km from Brazil's capital. CJ Bio is renowned for its expertise in amino acid production. The expansion is projected to create 650 new job opportunities, and the investment also encompasses the establishment of residential, research, and development centers.. Key drivers for this market are: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Potential restraints include: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

Prices for existing homes in Colombia rose gradually between 2006 and 2021. Bogota measured the highest house price increase, with an index value of almost *** as of December 2021. This means that since the base year of the index (1990), house prices increased by approximately ** percent. In Medellin, the index value during the same period was *****, or about ** percent increase since 1990.

Colombia: Housing and utilities price index, world average = 100: The latest value from 2021 is 57.84 index points, a decline from 69.184 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Colombia from 2017 to 2021 is 63.512 index points. The minimum value, 57.84 index points, was reached in 2021 while the maximum of 69.184 index points was recorded in 2017.

Colombia New Houses Prices: YoY: Urban Area: Barranquilla data was reported at 3.210 % in Dec 2020. This records a decrease from the previous number of 3.330 % for Sep 2020. Colombia New Houses Prices: YoY: Urban Area: Barranquilla data is updated quarterly, averaging 8.250 % from Mar 1998 (Median) to Dec 2020, with 92 observations. The data reached an all-time high of 40.490 % in Mar 1998 and a record low of -4.140 % in Dec 2001. Colombia New Houses Prices: YoY: Urban Area: Barranquilla data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.EB012: New House Price Index: Dec2014=100: Year on Year Growth (Discontinued). The new House Price Growth is calculated by the Statistical Office of Colombia from House Price Index (base Dec2014=100) which excludes dwellings for households use.

In the third quarter of 2022, house prices in Colombia decreased by more than **** percent from the same quarter in 2021 when accounting for inflation. This was the third quarter in a row with a house price decrease. The largest drop in house prices was seen in the first quarter of 2022 at almost ***** percent.

Real residential property prices Y-on-Y, percent change in Colombia, March, 2025 The most recent value is -2.33 percent as of Q1 2025, a decline compared to the previous value of 7.05 percent. Historically, the average for Colombia from Q1 1990 to Q1 2025 is 0.83 percent. The minimum of -12.69 percent was recorded in Q1 1999, while the maximum of 13.19 percent was reached in Q1 2007. | TheGlobalEconomy.com

Graph and download economic data for All-Transactions House Price Index for the District of Columbia (DCSTHPI) from Q1 1975 to Q2 2025 about DC, appraisers, HPI, housing, price index, indexes, price, and USA.

The Latin American home mortgage finance market, valued at approximately $XX million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.00% from 2025 to 2033. This growth is fueled by several key drivers, including increasing urbanization, rising disposable incomes across various socioeconomic segments, and government initiatives aimed at boosting homeownership rates. Furthermore, the expansion of the formal financial sector and the availability of innovative mortgage products, such as adjustable-rate mortgages catering to diverse financial profiles, contribute to market expansion. However, economic volatility in certain Latin American nations and fluctuating interest rates pose significant challenges. The market is segmented by mortgage type (fixed-rate and adjustable-rate), loan tenure (ranging from under 5 years to over 25 years), and geography, with Brazil, Chile, Colombia, and Peru representing significant market shares. Competition is intense, with major players including Caixa Economica Federal, Banco do Brasil, Itaú, Bradesco, Santander, and others vying for market dominance. The market's future trajectory hinges on managing economic instability, maintaining affordable interest rates, and continuing to improve access to credit for a broader range of borrowers. The segment analysis reveals that fixed-rate mortgages currently dominate the market, though adjustable-rate mortgages are gaining traction due to their flexibility. Longer-tenure mortgages (11-24 years and 25-30 years) are increasingly popular as borrowers seek more manageable monthly payments. Geographically, Brazil holds the largest market share, reflecting its substantial population and relatively developed financial sector. However, Chile, Colombia, and Peru are showing promising growth potential, driven by improving economic conditions and increased government support for housing initiatives. The Rest of Latin America segment offers considerable untapped potential. Continued economic development and infrastructure improvements in these regions will be instrumental in further propelling market growth in the coming years. A focus on financial literacy and responsible lending practices will be essential for sustainable market development and to mitigate potential risks associated with rapid expansion. Recent developments include: In August 2022, Two new mortgage fintech start-ups emerged in Latin America: Toperty launched in Colombia and Saturn5 is about to launch in Mexico. Toperty offers to purchase a customer's new house outright and provides a payment schedule that allows the customer to purchase the house while renting it from the business. Saturn5 wants to give its clients the skills and resources they need to buy a house on their own., In August 2022, During a conference call on August 5, Brazilian lender Banco Bradesco SA startled analysts by reporting an increase in default rates in the second quarter of 2022. The average 90-day nonperforming loan ratio for Bradesco, the second-largest private bank in Latin America, increased by 30 basis points. Delinquency in the overall portfolio increased to 3.5% from 2.5% and 3.2%, respectively, in the first quarter.. Notable trends are: Increase in Economic Growth and GDP per capita.

The objective of this study was to measure the effect of the distance between homes and the stations of the integrated public transportation system in Medellín on home prices. The hedonic models used here were calculated using ordinary least squares (OLS) and two spatial econometric models: the spatial autoregressive (SAR) model and the spatial error model (SEM). The results obtained indicate that the stations of this transportation system have an impact on home prices depending on the income level of the district where they are located.

Colombia Housing Loan Disbursement: Constant Prices: Huila data was reported at 33,377.456 COP mn in Dec 2024. This records an increase from the previous number of 26,201.648 COP mn for Sep 2024. Colombia Housing Loan Disbursement: Constant Prices: Huila data is updated quarterly, averaging 25,930.501 COP mn from Mar 2015 (Median) to Dec 2024, with 40 observations. The data reached an all-time high of 37,571.487 COP mn in Dec 2021 and a record low of 13,231.039 COP mn in Jun 2020. Colombia Housing Loan Disbursement: Constant Prices: Huila data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.EB016: Housing Loan Disbursement.

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.

Most of the building surface area authorized in Colombia in 2024 was for the construction of apartments and houses. That year, there were *** million square meters authorized for commerce buildings. The permits for every other type of non-residential buildings amounted to less than a million squared meters. In 2023, most of the authorized construction area in Chile also was for housing.

The Latin American residential construction market exhibits robust growth potential, projected to reach a market size of approximately $XX million by 2025, growing at a Compound Annual Growth Rate (CAGR) of 4.50% from 2025 to 2033. This expansion is driven by several key factors. Increasing urbanization across the region fuels demand for affordable and luxury housing, particularly in rapidly developing cities. Government initiatives focused on infrastructure development and affordable housing programs further stimulate market activity. Moreover, rising disposable incomes and a growing middle class are enhancing purchasing power, enabling more individuals to invest in homeownership. However, economic volatility, fluctuations in construction material prices, and regulatory hurdles pose challenges to sustained growth. The market is segmented by housing type (e.g., apartments, single-family homes), location (urban vs. rural), and price range. Key players in the market, such as Somague-Engenharia S.A., Constructora VDZ SpA, and Besalco S.A., are strategically focusing on sustainable construction practices and technological advancements to enhance efficiency and appeal to environmentally conscious consumers. The market's future hinges on effectively addressing these challenges while capitalizing on the favorable demographic and economic trends. The competitive landscape is marked by both large multinational corporations and regional players, each employing diverse strategies to gain market share. Competition is intense, with companies focusing on differentiation through specialized services, innovative construction techniques, and targeted marketing campaigns. Emerging trends include the increasing adoption of prefabricated construction methods, the growing importance of green building standards, and the integration of smart home technologies. The historical period (2019-2024) likely saw fluctuating growth rates depending on regional economic conditions and specific policy changes, providing a baseline for understanding the market's trajectory leading up to the projected growth in the forecast period. The continued success of the Latin American residential construction market depends heavily on maintaining macroeconomic stability, ensuring access to financing, and adapting to evolving consumer preferences. Key drivers for this market are: 4., Increasing demand for green construction to reduce carbon footprint4.; Introduction of technology for manufactruing the of building construction material. Potential restraints include: 4., High cost of purchasing the equipment for development and manufacturing of various construction material. Notable trends are: Social Rental Drive.

Housing Inventory: Median Days on Market Month-Over-Month in District of Columbia was 13.73% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Month-Over-Month in District of Columbia reached a record high of 34.85 in November of 2021 and a record low of -42.61 in February of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Month-Over-Month in District of Columbia - last updated from the United States Federal Reserve on September of 2025.

Latin America Real Estate Market is Segmented by Type (Office, Retail, Industrial, Logistics, Multi-family, and Hospitality) and by Country (Brazil, Argentina, Mexico, Chile, Colombia, Peru, and the Rest of Latin America). The market size and forecasts for all the above segments in value (USD billion).