House price index for new homes in Colombia 2004-2022, by city
Prices for newly built residential properties in Colombia rose gradually between 2006 and 2021, followed by a decrease in 2022. Bogota measured the highest house price increase, with an index value of almost 190 as of October 2022. This means that since 2006, the base year for the index, house prices increased by 90 percent. In Cali, the index value during the same period was 163.5, or about 64 percent increase since 2006.
