|Unit||Index 2020Q4=100, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||National Administrative Department of Statistic (DANE) - Colombia|
|Release||New Home Price Index|
For Colombia, the National Administrative Department of Statistics (DANE) reports quarterly price indexes for residential properties under construction, comprising houses and apartments.
Sale price per square meter of the property corresponds to the value at the time of the census. The cost structure at market prices:
The source defines:
The price indexes are based on the market price per square meter (areal price), based on the salable area, which excludes common and exterior parking areas.
We back-extend the three NSA series by 19 years. For each, we construct a seasonally adjusted counterpart.