House Prices in Iceland

Estadistica Islandia · Trimestral

2.8% (Q1-26) YOY · % · Trimestral · CSV

Period	%
Mar 2026	2.8%
Dec 2025	3.3%
Sep 2025	3.5%
Jun 2025	6.3%
Mar 2025	7.7%
Dec 2024	9.2%
Sep 2024	11.2%
Jun 2024	6.1%
Mar 2024	5.7%
Dec 2023	3.8%
Sep 2023	2.7%
Jun 2023	10.1%
Mar 2023	15.8%
Dec 2022	21.0%
Sep 2022	24.1%
Jun 2022	20.7%
Mar 2022	17.9%
Dec 2021	15.7%
Sep 2021	13.6%
Jun 2021	12.0%
Mar 2021	8.6%
Dec 2020	7.2%
Sep 2020	7.4%
Jun 2020	6.2%
Mar 2020	4.7%
Dec 2019	4.4%
Sep 2019	3.3%
Jun 2019	4.7%
Mar 2019	5.3%
Dec 2018	6.1%
Sep 2018	5.8%
Jun 2018	8.0%
Mar 2018	13.7%
Dec 2017	17.3%
Sep 2017	22.5%
Jun 2017	22.0%
Mar 2017	16.3%
Dec 2016	13.6%
Sep 2016	10.2%
Jun 2016	7.3%
Mar 2016	7.9%
Dec 2015	8.7%
Sep 2015	8.1%
Jun 2015	8.0%
Mar 2015	8.1%
Dec 2014	7.5%
Sep 2014	7.6%
Jun 2014	9.1%
Mar 2014	9.5%
Dec 2013	7.8%
Sep 2013	6.1%
Jun 2013	4.8%
Mar 2013	4.2%
Dec 2012	4.7%
Sep 2012	6.7%
Jun 2012	7.6%
Mar 2012	8.8%
Dec 2011	7.2%
Sep 2011	6.0%
Jun 2011	4.1%

Period	indice
Dec 2025	369.89
Sep 2025	368.13
Jun 2025	364.45
Mar 2025	358.76
Dec 2024	358.08
Sep 2024	355.75
Jun 2024	342.82
Mar 2024	333.06
Dec 2023	327.95
Sep 2023	320.03
Jun 2023	322.96
Mar 2023	315.17
Dec 2022	316.04
Sep 2022	311.68
Jun 2022	293.29
Mar 2022	272.23
Dec 2021	261.15
Sep 2021	251.20
Jun 2021	242.98
Mar 2021	230.84
Dec 2020	225.79
Sep 2020	221.03
Jun 2020	217.02
Mar 2020	212.51
Dec 2019	210.57
Sep 2019	205.74
Jun 2019	204.32
Mar 2019	202.97
Dec 2018	201.66
Sep 2018	199.19
Jun 2018	195.10
Mar 2018	192.75
Dec 2017	190.14
Sep 2017	188.34
Jun 2017	180.66
Mar 2017	169.52
Dec 2016	162.07
Sep 2016	153.78
Jun 2016	148.08
Mar 2016	145.71
Dec 2015	142.70
Sep 2015	139.60
Jun 2015	138.05
Mar 2015	135.04
Dec 2014	131.30
Sep 2014	129.10
Jun 2014	127.82
Mar 2014	124.88
Dec 2013	122.09
Sep 2013	120.01
Jun 2013	117.12
Mar 2013	114.02
Dec 2012	113.26
Sep 2012	113.10
Jun 2012	111.70
Mar 2012	109.39
Dec 2011	108.18
Sep 2011	106.01
Jun 2011	103.81
Mar 2011	100.54

Period	%
Jul 2026	2.38%
Jun 2026	2.69%
May 2026	3.43%
Apr 2026	3.71%
Mar 2026	3.19%
Feb 2026	3.71%
Jan 2026	3.41%
Dec 2025	3.65%
Nov 2025	3.20%
Oct 2025	3.05%
Sep 2025	2.83%
Aug 2025	3.61%
Jul 2025	4.00%
Jun 2025	5.85%
May 2025	6.76%
Apr 2025	6.33%
Mar 2025	7.00%
Feb 2025	7.94%
Jan 2025	8.22%
Dec 2024	8.71%
Nov 2024	8.83%
Oct 2024	10.02%
Sep 2024	11.89%
Aug 2024	11.72%
Jul 2024	9.90%
Jun 2024	6.28%
May 2024	5.82%
Apr 2024	6.36%
Mar 2024	6.97%
Feb 2024	5.36%
Jan 2024	4.71%
Dec 2023	4.24%
Nov 2023	3.86%
Oct 2023	3.20%
Sep 2023	2.26%
Aug 2023	1.95%
Jul 2023	3.83%
Jun 2023	7.88%
May 2023	10.22%
Apr 2023	12.36%
Mar 2023	13.35%
Feb 2023	15.85%
Jan 2023	18.22%
Dec 2022	20.27%
Nov 2022	21.19%
Oct 2022	21.62%
Sep 2022	22.63%
Aug 2022	24.79%
Jul 2022	24.85%
Jun 2022	22.88%
May 2022	20.11%
Apr 2022	19.10%
Mar 2022	19.08%
Feb 2022	17.94%
Jan 2022	16.73%
Dec 2021	15.85%
Nov 2021	16.03%
Oct 2021	15.10%
Sep 2021	14.66%
Aug 2021	13.13%

Period	2000M03=100
Jul 2026	821.7
Jun 2026	821.9
May 2026	823.2
Apr 2026	821.0
Mar 2026	812.1
Feb 2026	810.3
Jan 2026	809.0
Dec 2025	812.5
Nov 2025	807.3
Oct 2025	803.7
Sep 2025	803.4
Aug 2025	806.0
Jul 2025	802.6
Jun 2025	800.4
May 2025	795.9
Apr 2025	791.6
Mar 2025	787.0
Feb 2025	781.3
Jan 2025	782.3
Dec 2024	783.9
Nov 2024	782.3
Oct 2024	779.9
Sep 2024	781.3
Aug 2024	777.9
Jul 2024	771.7
Jun 2024	756.2
May 2024	745.5
Apr 2024	744.5
Mar 2024	735.5
Feb 2024	723.8
Jan 2024	722.9
Dec 2023	721.1
Nov 2023	718.8
Oct 2023	708.9
Sep 2023	698.3
Aug 2023	696.3
Jul 2023	702.2
Jun 2023	711.5
May 2023	704.5
Apr 2023	700.0
Mar 2023	687.6
Feb 2023	687.0
Jan 2023	690.4
Dec 2022	691.8
Nov 2022	692.1
Oct 2022	686.9
Sep 2022	682.9
Aug 2022	683.0
Jul 2022	676.3
Jun 2022	659.5
May 2022	639.2
Apr 2022	623.0
Mar 2022	606.6
Feb 2022	593.0
Jan 2022	584.0
Dec 2021	575.2
Nov 2021	571.1
Oct 2021	564.8
Sep 2021	556.9
Aug 2021	547.3

About this indicator

Source	Estadistica Islandia
Frequency	Trimestral
Release	Aproximadamente uno a tres meses después del cierre del periodo de referencia.
What it is	Measures the change in house prices in Iceland through an index of transacted dwellings. Published by the Housing and Construction Authority (HMS) alongside Statistics Iceland, it is a key gauge of Iceland's housing market and of household wealth.
How it's calculated	It is computed as an index against a base year from actual prices in registered sale deeds, controlling for dwelling characteristics to isolate the price change. It is released monthly, with year-on-year and month-on-month changes, for the capital area and the whole country.
Market implications	House prices affect construction and its supplier industries, household wealth and spending and financial stability through mortgage lending. In Iceland, a small economy with elevated inflation, they are a variable watched by the Central Bank (Seðlabanki).
Limitations	The index is published with a lag and revised. The low number of transactions in such a small market makes it very volatile month to month, and average prices can be skewed by the mix of dwellings sold.