Home House Prices Worldwide
House price changes in Singapore
Last updated: September, 06, 2015
a1. House price change
a2. % change over a year earlier
The Urban Redevelopment Authority (URA) publishes various property price statistics by residential type. For landed properties- detached, semi-detached and terrace while for non-landed properties- apartment and condominium. Their time-series data is only available on a subscription basis. However, they release quarterly property market updates.
a8. Property Price Index, Private Residential (Q4 1998=100)
a10. Source: Urban Redevelopment Authority
Quarterly Change in house prices
Q1 Q2 Q3 Q4 2015 -1.02 -0.89 -1.32
2014 -1.24 -1.06 -0.73 -1.08
2013 0.59 1.05 0.39 -0.91
2012 -0.14 0.48 0.61 1.81
2011 2.23 1.97 1.31 0.27
2010 5.66 5.28 2.89 2.73
2009 -14.09 -4.70 15.74 7.34
2008 3.77 0.16 -2.36 -6.05
2007 4.83 8.20 8.33 6.73
2006 1.54 1.75 2.63 3.91
2005 0.74 0.49 1.22 1.44
2004 -0.37 0.12 0.37 0.74
2003 -0.85 -0.61 -0.49 -0.12
This table shows the change in house prices during a single quarter.
The figures are not adjusted for inflation, so may overstate house price rises (or understate declines).
Four quarter's house price changes may NOT sum to the annual (year-on-year) change in house prices, for statistical reasons.
Your Guide to House Price Statistics
Adjusting for inflation
Most agents overstates the upward movement in house prices. That's because their house price figures are gross, i.e., not adjusted for inflation. If house prices have risen by 5% during the past year, but inflation has been 5%, the
real increase in the value of the house has been zero.
That's why our second graph shows house price changes both
nominal and real.
Nominal house price changes = the figures published by most official statistical sources.
Real house price changes = house price changes after adjusting for inflation.
House price statistics elsewhere
We generally use Central Bank or National Stattistical Institute data. But occassionally, we use data generated by realtors (Colliers for the Philippines) or other data - Japan generates no dwelling price stattistics, so we use land prices as a proxy for dwellings prices.
Sign Up for the Global Property Guide Newsletter
Free Global Property Guide Newsletter
Sign up to receive property offerings and key updates, direct to your inbox. In addition to attractive property offers, we bring you fortnightly informed analyses of the world's property markets
You are now subscribe!
Something went wrong. You were not subscribed.
@ 2004-2015 Global Property Guide. All Rights Reserved.
Property and Real Estate Prices - Worldwide Title:
View the worldwide changes in house prices through these graphs. Description: