Used Home Price Index Increased by 3.2% in June 2022

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Dzulfiqar Fathur Rahman 09/08/2022 13:20 WIB

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According to a report by Rumah123.com, the used home price index increased by 3.2% year-on-year (yoy) in June 2022.

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Used Home Price Index Increased by 3.2% in June 2022

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Resale Price Index (January–June 2022)

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The trend of used home prices increased again in June 2022. This is reflected in the rise of the Resale Price Index (RPI) compiled by the property marketplace company Rumah123.com.

The RPI, an index measuring used home prices, stood at 107.3 in June 2022, up 3.2% year-on-year (yoy).

Among the major cities surveyed, the most rapid annual increase in used home prices occurred in Medan, North Sumatra, rising 11.2% (yoy) in June 2022.

Rumah123.com also reported that the Resale Supply Index (RSI), which measures the amount of used home supply, grew 22.3% (yoy) to 126 in June 2022.

The RPI and RSI are calculated based on property data sold through the 99.co and Rumah123.com websites, using January 2020 as the base benchmark.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Used Home Price Index Increased by 3.2% in June 2022

Used Home Price Index Increased by 3.2% in June 2022

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