|Unit||Index 2014Q4=100, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||National Administrative Department of Statistic (DANE) - Colombia|
|Release||New Housing Prices|
The National Administrative Department of Statistics (DANE) reports quarterly new house price indexes for new properties under construction. The data set includes price indexes for houses and apartments. Figures have a base year 2014Q4 = 100 and are not seasonally adjusted (NSA).
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.
Data is subject to revisions.