House Prices (Eurostat) in Iceland

Eurostat · Quarterly · Importance

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

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

Period	index (2015=100)
Jan 2026	265.73
Oct 2025	266.40
Jul 2025	265.13
Apr 2025	262.48
Jan 2025	258.38
Oct 2024	257.89
Jul 2024	256.22
Apr 2024	246.90
Jan 2024	239.87
Oct 2023	236.19
Jul 2023	230.49
Apr 2023	232.60
Jan 2023	226.99
Oct 2022	227.61
Jul 2022	224.47
Apr 2022	211.23
Jan 2022	196.06
Oct 2021	188.09
Jul 2021	180.92
Apr 2021	174.99
Jan 2021	166.26
Oct 2020	162.62
Jul 2020	159.19
Apr 2020	156.30
Jan 2020	153.05
Oct 2019	151.66
Jul 2019	148.17
Apr 2019	147.15
Jan 2019	146.18
Oct 2018	145.24
Jul 2018	143.46
Apr 2018	140.51
Jan 2018	138.82
Oct 2017	136.94
Jul 2017	135.64
Apr 2017	130.11
Jan 2017	122.09
Oct 2016	116.72
Jul 2016	110.76
Apr 2016	106.65
Jan 2016	104.94
Oct 2015	102.78
Jul 2015	100.54
Apr 2015	99.42
Jan 2015	97.26
Oct 2014	94.56
Jul 2014	92.98
Apr 2014	92.06
Jan 2014	89.94
Oct 2013	87.93
Jul 2013	86.43
Apr 2013	84.35
Jan 2013	82.12
Oct 2012	81.57
Jul 2012	81.46
Apr 2012	80.45
Jan 2012	78.78
Oct 2011	77.91
Jul 2011	76.35
Apr 2011	74.76

Period	%
Jan 2026	-0.3%
Oct 2025	0.5%
Jul 2025	1.0%
Apr 2025	1.6%
Jan 2025	0.2%
Oct 2024	0.7%
Jul 2024	3.8%
Apr 2024	2.9%
Jan 2024	1.6%
Oct 2023	2.5%
Jul 2023	-0.9%
Apr 2023	2.5%
Jan 2023	-0.3%
Oct 2022	1.4%
Jul 2022	6.3%
Apr 2022	7.7%
Jan 2022	4.2%
Oct 2021	4.0%
Jul 2021	3.4%
Apr 2021	5.3%
Jan 2021	2.2%
Oct 2020	2.2%
Jul 2020	1.8%
Apr 2020	2.1%
Jan 2020	0.9%
Oct 2019	2.4%
Jul 2019	0.7%
Apr 2019	0.7%
Jan 2019	0.6%
Oct 2018	1.2%
Jul 2018	2.1%
Apr 2018	1.2%
Jan 2018	1.4%
Oct 2017	1.0%
Jul 2017	4.3%
Apr 2017	6.6%
Jan 2017	4.6%
Oct 2016	5.4%
Jul 2016	3.9%
Apr 2016	1.6%
Jan 2016	2.1%
Oct 2015	2.2%
Jul 2015	1.1%
Apr 2015	2.2%
Jan 2015	2.9%
Oct 2014	1.7%
Jul 2014	1.0%
Apr 2014	2.4%
Jan 2014	2.3%
Oct 2013	1.7%
Jul 2013	2.5%
Apr 2013	2.7%
Jan 2013	0.7%
Oct 2012	0.1%
Jul 2012	1.3%
Apr 2012	2.1%
Jan 2012	1.1%
Oct 2011	2.0%
Jul 2011	2.1%
Apr 2011	3.2%

About this indicator

Source

Eurostat

Frequency

Quarterly

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.