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 142.37 points in the fourth quarter of 2024 from 139.93 points in the third quarter of 2024. 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 (QCON368BIS) from Q1 1989 to Q4 2024 about Colombia, residential, housing, and price.

The real estate transaction value in the real estate market in Colombia was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+***** percent). After the ******** consecutive increasing year, the indicator is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2029. Notably, the real estate transaction value of the real estate market was continuously increasing over the past years.Find more key insights for the real estate transaction value in countries like Mexico, Ecuador, and Uruguay.. The Statista Market Insights cover a broad range of additional markets.

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, is projected to experience robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and government initiatives promoting affordable housing. The market is segmented by property type (apartments & condominiums, landed houses & villas) and geography (Mexico, Brazil, Colombia, and Rest of Latin America). Brazil and Mexico, with their large populations and developing economies, are expected to dominate the market, contributing significantly to the Compound Annual Growth Rate (CAGR) of 8.32% projected from 2025 to 2033. Strong demand from millennials and growing tourism in key areas are also contributing factors. However, challenges remain, including economic volatility in some regions, fluctuating interest rates impacting mortgage affordability, and infrastructure limitations in certain areas. The competitive landscape includes both large national developers like Cyrela, MRV Engenharia, and Grupo Sadasi, along with international players like JLL and CBRE, creating a dynamic and evolving market. Significant growth opportunities exist within the affordable housing segment, catering to the expanding middle class. Further market expansion is anticipated through the development of sustainable and smart homes, reflecting growing environmental awareness and technological advancements. While regulatory hurdles and bureaucratic processes can present challenges, the long-term outlook for the Latin American residential real estate market remains positive, driven by the region's demographic trends and continued economic development. Strategic investments in infrastructure development and supportive government policies will be crucial in unlocking the market's full potential. Detailed analysis of specific countries within the region will reveal nuances in market performance, highlighting areas of exceptional opportunity or risk. This report provides a detailed analysis of the dynamic Residential Real Estate Market in Latin America, covering the period 2019-2033. With a base year of 2025 and a forecast period spanning 2025-2033, this in-depth study leverages historical data (2019-2024) to offer valuable insights into market trends, growth drivers, and challenges. Keywords: Latin America real estate market, residential real estate Latin America, Latin American housing market, Brazilian real estate, Mexican real estate, Colombian real estate, apartment market Latin America, condo market Latin America, real estate investment Latin America. 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: Accelerated Increase in Construction Costs. 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.

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.

Comprehensive dataset of 6 Real estate rentals in Colombia as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Columbia County, FL (MEDDAYONMARMM12023) from Jul 2017 to Jun 2025 about Columbia County, FL; FL; median; and USA.

Colombia New Houses Prices: YoY: Urban Area: Pereira data was reported at 2.740 % in Dec 2020. This records a decrease from the previous number of 4.540 % for Sep 2020. Colombia New Houses Prices: YoY: Urban Area: Pereira data is updated quarterly, averaging 8.260 % from Mar 1998 (Median) to Dec 2020, with 92 observations. The data reached an all-time high of 38.830 % in Dec 2002 and a record low of -20.830 % in Dec 2000. Colombia New Houses Prices: YoY: Urban Area: Pereira 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.

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.

The Latin American condominiums and apartments market, valued at approximately $XX million in 2025, is experiencing robust growth, with a compound annual growth rate (CAGR) exceeding 5%. This expansion is fueled by several key drivers. Rapid urbanization across major Latin American cities like São Paulo, Mexico City, and Buenos Aires is creating significant demand for modern housing. Rising middle-class incomes and a growing preference for apartment living, particularly among younger generations, are further bolstering market growth. Additionally, government initiatives promoting affordable housing and infrastructure development are contributing to a positive market outlook. However, economic volatility in certain regions and fluctuations in construction material costs pose potential challenges. Market segmentation reveals strong activity in both production and consumption, with notable import and export activity reflecting regional trade dynamics. Price trends suggest a moderate increase in line with inflation and construction costs. Leading developers like Desarrollos Inmobiliarios Sadasi, MRV Engenharia, and others are actively shaping the market landscape through diverse projects catering to varied income segments. The forecast period (2025-2033) anticipates continued growth, driven by sustained urbanization and economic progress in select markets. While challenges such as regulatory hurdles and financing constraints persist, the overall market outlook remains optimistic. Strong performance is expected in Brazil, Mexico, and Colombia, which represent significant shares of the overall market. However, other countries in the region, such as Peru and Chile, are also exhibiting notable growth potential. Market analysis suggests opportunities for developers to focus on sustainable and technologically advanced housing solutions to meet the evolving preferences of consumers. A deeper understanding of local market dynamics and regulatory frameworks is crucial for navigating the opportunities and challenges within this rapidly evolving market. Recent developments include: December 2022: Casai, a tech-driven apartment rental company, is merging with Nomah, a rental company based in Brazil. The merger will create the largest short-term rental company in Latin America, with over 3,000 units in Brazil and Mexico., December 2022: Northmarq arranged the sale of two Albuquerque apartment communities. The assets were sold by ABQ Encore LLC and Uptown Horizon Apartments LLC to Crescent Sky Real Estate Partners' CS ABQ Encore and CA ABQ Uptown. ABQ Encore, located at 810 Eubank Blvd. NE has 129 residences divided into 331-square-foot studio units and 551-square-foot one-bedroom units.. Key drivers for this market are: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Potential restraints include: The presence of counterfeit or substandard roofing materials in the market poses a significant challenge, The roofing industry faces a shortage of skilled labor. Notable trends are: Increasing Sales of Apartments Driving the Market.

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

Comprehensive dataset of 16,351 Housing societies in Colombia as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Most of the building surface area authorized in Colombia in 2024 was for the construction of apartments and houses. That year, there were 1.4 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.

Real residential property prices Y-on-Y, percent change in Colombia, December, 2024 The most recent value is 8.16 percent as of Q4 2024, an increase compared to the previous value of 1.62 percent. Historically, the average for Colombia from Q1 1990 to Q4 2024 is 0.88 percent. The minimum of -12.91 percent was recorded in Q1 1999, while the maximum of 13.07 percent was reached in Q1 2007. | TheGlobalEconomy.com

Colombia New Houses Prices: YoY: Houses data was reported at 4.760 % in Dec 2020. This records a decrease from the previous number of 6.210 % for Sep 2020. Colombia New Houses Prices: YoY: Houses data is updated quarterly, averaging 7.450 % from Mar 1998 (Median) to Dec 2020, with 92 observations. The data reached an all-time high of 20.590 % in Sep 2007 and a record low of -6.130 % in Sep 2000. Colombia New Houses Prices: YoY: Houses 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.

Comprehensive dataset of 829 Commercial real estate agencies in Colombia as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 1,059 Real estate agents in Colombia as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.