Housing Index in Iceland increased to 800.40 points in June from 795.89 points in May of 2025. This dataset provides - Iceland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Reykjavik, Iceland (QISN628BIS) from Q1 1981 to Q1 2025 about Reykjavik, Iceland, residential, HPI, housing, price index, indexes, and price.

House Price Index YoY in Iceland decreased to 7.70 percent in the first quarter of 2025 from 9.20 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Iceland House Price Index YoY.

The house price index in Iceland has increased from the first quarter of 2016, when it was at 104.94 index points. In the first quarter of 2024, it had more than doubled with 239.87 index points.

Key information about House Prices Growth

• Iceland house prices grew 7.9% YoY in Feb 2025, following an increase of 8.2% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 2001 to Feb 2025, with an average growth rate of 7.8%.
• House price data reached an all-time high of 33.4% in Sep 2005 and a record low of -13.2% in Jul 2009.

House price index in Iceland, March, 2025 The most recent value is 360.56 index points as of Q1 2025, an increase compared to the previous value of 359.15 index points. Historically, the average for Iceland from Q1 1990 to Q1 2025 is 116.56 index points. The minimum of 28.46 index points was recorded in Q1 1990, while the maximum of 360.56 index points was reached in Q1 2025. | TheGlobalEconomy.com

In 2024, Turkey had the highest inflation-adjusted house price index out of the ** European countries under observation, making it the country where house prices have increased the most since 2010. In Turkey, the house price index exceeded *** index points in the fourth quarter of 2024, showing an increase in real terms of *** percent since 2010, the baseline year for the index. Iceland and Estonia completed the top three, with an index value of *** and *** index points. In the past year, however, many European countries saw house prices decline in real terms. Where can I find other metrics on different housing markets in Europe? To assess the valuation in different housing markets, one can compare the house-price-to-income ratios of different countries worldwide. These ratios are calculated by dividing nominal house prices by nominal disposable income per head. There are also ratios that look at how residential property prices relate to domestic rents, such as the house-price-to-rent ratio for the United Kingdom. Unfortunately, these numbers are not available in a European overview. An overview of the price per square meter of an apartment in the EU-28 countries is available, however. One region, different markets An important trait of the European housing market is that there is not one market, but multiple. Property policy in Europe lies with the domestic governments, not with the European Union. This leads to significant differences between European countries, which shows in, for example, the homeownership rate (the share of owner-occupied dwellings of all homes). These differences also lead to another problem: the availability of data. Non-Europeans might be surprised to see that house price statistics vary in depth, as every country has their own methodology and no European body exists that tracks this data for the whole continent.

Key information about Iceland Gold Production

• Iceland Real Residential Property Price Index was reported at 205.337 2010=100 in Sep 2024.
• This records an increase from the previous number of 200.642 2010=100 for Jun 2024.
• Iceland Real Residential Property Price Index data is updated quarterly, averaging 123.410 2010=100 from Mar 2000 to Sep 2024, with 99 observations.
• The data reached an all-time high of 205.337 2010=100 in Sep 2024 and a record low of 85.065 2010=100 in Mar 2000.
• Iceland Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Graph and download economic data for Consumer Price Index: Housing for Iceland (ISLCPIHOUMINMEI) from Nov 1992 to Jun 2018 about Iceland, CPI, housing, price index, indexes, and price.

Iceland IS: House Price Index: Real: sa data was reported at 176.751 2015=100 in 2024. This records an increase from the previous number of 172.184 2015=100 for 2023. Iceland IS: House Price Index: Real: sa data is updated yearly, averaging 109.407 2015=100 from Dec 2001 (Median) to 2024, with 24 observations. The data reached an all-time high of 176.751 2015=100 in 2024 and a record low of 73.544 2015=100 in 2002. Iceland IS: House Price Index: Real: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices deflated using the private consumption deflator from the national account statistics. More information on the nominal house prices are available on the nominal house price indicators selection.

Graph and download economic data for Consumer Price Index: Services Less Housing for Iceland (ISLCPISXHMINMEI) from Nov 1992 to Jun 2018 about Iceland, services, CPI, housing, price index, indexes, and price.

Iceland Housing Price Index: Nominal Prices data was reported at 649.000 Jan1994=100 in Jun 2020. This records an increase from the previous number of 647.800 Jan1994=100 for May 2020. Iceland Housing Price Index: Nominal Prices data is updated monthly, averaging 332.750 Jan1994=100 from Jan 2000 (Median) to Jun 2020, with 246 observations. The data reached an all-time high of 649.000 Jan1994=100 in Jun 2020 and a record low of 132.900 Jan1994=100 in Jan 2000. Iceland Housing Price Index: Nominal Prices data remains active status in CEIC and is reported by Central Bank of Iceland. The data is categorized under Global Database’s Iceland – Table IS.EB003: House Price Index: January 1994 =100.

Graph and download economic data for Consumer Price Index: OECD Groups: Services less housing: Total for Iceland (ISLCPGRLH01GYM) from Nov 1993 to Mar 2022 about Iceland, services, CPI, price index, indexes, and price.

Real residential property prices Y-on-Y, percent change in Iceland, March, 2025 The most recent value is 2.68 percent as of Q1 2025, a decline compared to the previous value of 3.67 percent. Historically, the average for Iceland from Q1 1990 to Q1 2025 is 3.23 percent. The minimum of -24.07 percent was recorded in Q1 2009, while the maximum of 28.33 percent was reached in Q3 2005. | TheGlobalEconomy.com

Iceland IS: Rent Price Index: sa data was reported at 159.836 2015=100 in 2024. This records an increase from the previous number of 145.848 2015=100 for 2023. Iceland IS: Rent Price Index: sa data is updated yearly, averaging 68.558 2015=100 from Dec 1993 (Median) to 2024, with 32 observations. The data reached an all-time high of 159.836 2015=100 in 2024 and a record low of 22.726 2015=100 in 1994. Iceland IS: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.

In Iceland, the consumer price index (CPI) of housing, water, electricity, gas, and other fuels reached ***** in January 2024. Electricity and gas prices around the world have been rising following Russia's invasion of Ukraine in February 2022. The CPI of alcoholic beverages and tobacco remained high through the period of consideration, with and index score of *** in January 2024. In November 2023, the inflation rate of Iceland reached eight percent.

Key information about Iceland Real Residential Property Price Index Growth

• Iceland Real Residential Property Price Index Growth was reported at 5.653 % in Sep 2024.
• This records an increase from the previous number of 0.249 % for Jun 2024.
• Iceland Real Residential Property Price Index Growth data is updated quarterly, averaging 4.137 % from Mar 2000 to Sep 2024, with 99 observations.
• The data reached an all-time high of 28.348 % in Sep 2005 and a record low of -24.060 % in Mar 2009.
• Iceland Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing excluding imputed rentals for housing for Iceland (ISLCPGRHO02IXNBQ) from Q1 2002 to Q1 2022 about imputed, Iceland, rent, CPI, price index, indexes, and price.

Key information about Iceland Nominal Residential Property Price Index

• Iceland Nominal Residential Property Price Index was reported at 357.943 2010=100 in Sep 2024.
• This records an increase from the previous number of 346.444 2010=100 for Jun 2024.
• Iceland Nominal Residential Property Price Index data is updated quarterly, averaging 114.260 2010=100 from Mar 2000 to Sep 2024, with 99 observations.
• The data reached an all-time high of 357.943 2010=100 in Sep 2024 and a record low of 45.814 2010=100 in Mar 2000.
• Iceland Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Key information about Iceland Nominal Residential Property Price Index Growth

• Iceland Nominal Residential Property Price Index Growth was reported at 11.886 % in Sep 2024.
• This records an increase from the previous number of 6.282 % for Jun 2024.
• Iceland Nominal Residential Property Price Index Growth data is updated quarterly, averaging 7.835 % from Mar 2000 to Sep 2024, with 99 observations.
• The data reached an all-time high of 33.447 % in Sep 2005 and a record low of -11.326 % in Sep 2009.
• Iceland Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.