BAKU, Azerbaijan, April 28. Georgia's residential real estate market recorded continued price growth in the first quarter of 2026, with the Residential Property Price Index (RPPI) rising by 1.8% compared to the previous quarter.
Data obtained by Trend from the National Statistics Office of Georgia shows that on an annual basis, the index showed a 3% increase compared to the same period in 2025. Furthermore, when measured against the 2020 average, the residential property price index in Georgia has climbed by 62.3%.
The data, which focuses on the market for new residential properties in Tbilisi, indicates broad-based price appreciation across housing segments. In the first quarter of 2026, flats saw a 2% price increase quarter-on-quarter, while detached houses experienced a 1.1% rise.
Compared to the first quarter of 2025, prices for flats grew by 3.3%, and prices for detached houses increased by 1.8%.