Residential property prices in Indonesia increased by 1.87 percent in the first quarter of 2022, following a 1.47 percent gain in the previous period, amid a faster rise in prices of all sectors: small houses (2.37 percent vs 1.99 percent), medium houses (2.22 percent vs 1.48 percent in Q4) and big houses (1.01 percent vs 0.93 percent). Among cities, prices grew the most in Manado (5.66 percent), followed by Pontianak (5.01 percent) and Yogyakarta (4.01 percent). For the second quarter, the residential property prices are expected to rise 1.16 percent from a year earlier. source: Bank Indonesia
Housing Index in Indonesia averaged 157.91 points from 2002 until 2022, reaching an all time high of 217.56 points in the first quarter of 2022 and a record low of 100 points in the first quarter of 2002. This page provides - Indonesia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Residential Property Price Index - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Housing Index in Indonesia is expected to be 216.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Residential Property Price Index is projected to trend around 219.00 points in 2023, according to our econometric models.