FinObservatory

Housing cycles / IDN

Indonesia

Real residential property prices, BIS index, 2002 to 2026-Q1. The index is rebased to 2010 = 100 for Indonesia alone, so its level says nothing next to another country’s. Growth and drawdown are comparable across countries; the level is not.

-3.2%
Real prices, year on year
2026-Q1; nominal +0.6%
-33.3%
Off its own real peak
peak 2002-Q2
-33.3%
Deepest real drawdown
trough 2026-Q1, within the observed sample
2002
Index starts
97 quarters to 2026-Q1

Real house price index, annual

Annual means of the quarterly real index. A year is plotted only if all four of its quarters are present, so a partial year is dropped rather than averaged over whatever is present.

9010011012013020052010201520202025Real index, 2010 = 100 (Indonesia base)

Source: BIS residential property prices (selected series) Latest real quarter 2026-Q1 = 93.5; highest observed real quarter 2002-Q2 = 140.3. Methodology

Banking crises

The annual real index has no complete year at one or both ends of the required window for this crisis, so it cannot be measured. It is listed anyway, with the missing year named.

CrisisRun-up t-5 to tTrough vs tYears to trough
1997 to 2001not measurable: no complete index year at 1992 (the annual index runs 2002 to 2025)

Source: BIS residential property prices (selected series) | Laeven and Valencia, Systemic Banking Crises Database (2025 update) 1 of the 1 crisis on record for Indonesia cannot be measured against this price index. It is listed above rather than dropped. Methodology

Limits of this page. The drawdown figures are conditional on the sample: Indonesia’s index begins in 2002, so a peak before then is invisible and the deepest drawdown is the deepest observedone. The crisis dating is Laeven-Valencia’s, not this repo’s. Nothing here is a causal claim. See the methodology for the full list.