The residential property price index rose by 1.5% in the third quarter of 2026 compared with the previous quarter, and by 5.9% year on year. According to the National Statistics Office (Geostat), the index is 66.2% higher than the 2020 average.
Geostat said the index covers only Tbilisi and only the new-build housing market, including both apartments in multi-storey buildings and private houses.
Quarter-on-quarter, third-quarter house prices climbed 2.7%, outpacing a 1.2% rise in apartment prices.
Compared with the third quarter of 2025, prices rose in both segments: by 5.6% for apartments and 7.0% for private houses.
