In the third quarter of 2025, Georgia’s Residential Property Price Index (RPPI) increased by 0.6% compared to the previous quarter, while the annual growth reached 7.0%, according to the National Statistics Service (GeoStat).

GeoStat reported that, relative to the 2020 average, the RPPI has risen by 57.0%. The index reflects price changes in the market for new residential properties in Tbilisi, encompassing both flats and detached houses.

During the third quarter of 2025, prices rose in both market segments: by 0.5% for flats and by 1.2% for detached houses compared to the previous quarter. On an annual basis, prices increased by 6.9% for flats and 7.2% for detached houses compared to the third quarter of 2024.

GeoStat noted that the accompanying chart illustrates the trends in the overall RPPI, its sub-indices, and the Consumer Price Index, highlighting the sustained upward trajectory of Georgia’s residential property market.