Residential property price index, 1990=100% (nominal, local currency) rose 19.5% to 412% in Iceland in 2017, according to Eurostat.
Historically, residential property price index, 1990=100% (nominal, local currency) in Iceland reached an all time high of 412% in 2017 and an all time low of 88.3% in 1986. When compared to Iceland's main peers, residential property price index, 1990=100% (nominal, local currency) in Denmark amounted to 377%, 588% in Norway, 399% in Sweden and 377% in United Kingdom in 2017.
Iceland has been ranked 12th within the group of 28 countries we follow in terms of residential property price index, 1990=100% (nominal, local currency), 5 places above the position seen 10 years ago.
Residential Property Price Index, 1990=100% (Nominal, Local Currency) | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
Belgium | % | 312% | 319% | 323% | 321% | 327% | ||||||||||||||||
Denmark | % | 296% | 300% | 310% | 323% | 346% | ||||||||||||||||
Finland | % | 199% | 204% | 207% | 206% | 206% | ||||||||||||||||
France | % | 258% | 256% | 251% | 246% | 242% | ||||||||||||||||
Germany | % | 116% | 121% | 127% | 134% | 143% | ||||||||||||||||
Iceland | % | 236% | 253% | 267% | 290% | 314% | ||||||||||||||||
Ireland | % | 328% | 312% | 330% | 391% | 419% | ||||||||||||||||
Netherlands | % | 357% | 333% | 318% | 325% | 339% | ||||||||||||||||
Norway | % | 423% | 455% | 478% | 478% | 505% | ||||||||||||||||
Russia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Sweden | % | 260% | 270% | 288% | 318% | 364% | ||||||||||||||||
United Kingdom | % | 281% | 284% | 296% | 322% | 343% |