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Residential Property Price Index (RPPI)

What Is RPPI?

The residential property index measures changes in the average prices paid for residential properties in the Cayman Islands. It is property mix-adjusted, constant quality index ensuring that shift in property types sold do not distort the true trend in price movements. This tool provides policymakers, developers, lenders and investors, and the general public with reliable timely indicators of residential property price index across the Islands

Why it Matters?

  • Property Prices are a key economic signal. The RPPI
  • Supports macroeconomics analysis and financial stability planning
  • Aids in detecting bubbles or downturns in the real estate market
  • Informs mortgage providers, investors and policymakers
  • Promotes transparency and confidence in Cayman’s Property sector

Coverage & Scope

Currently the RPPI
  • Covers condominiums only (not houses or undeveloped land)
  • Excludes non-market transactions (e.g. family transfers, group sales)
  • Is compiled from stamp duty returns submitted to the Lands and Survey Department
  • Tracks both mortgage funded and cash condo purchases

Geographical Breakdown

  • Seven Mile Beach (ocean side only) – a proxy for foreign investments
  • George Town – primary indicator for local market
  • West Bay -
  • Other Cayman Islands – Bodden Town, East End, North Side, Cayman Brac & Little Cayman

Publication Frequency

  • George Town - Quarterly
  • Other Areas – Annually

Before you Reply on the RPPI

Please note that the index does not represent individual property values. It is a statistical tool and should not be interpreted alongside market conditions and expert analysis.

Reports & Downloading RPPI Index Data

Jan 1, 1998 to Jan 1, 2024
Methodological Note
Jan 1, 1998 to Jan 1, 2024
CARTAC Final TA Report on Residential Property Index Mission
Jan 1, 1998 to Jan 1, 2024
West Bay Annual Indexes Graphs
Jan 1, 1998 to Jan 1, 2024
Seven Mile Beach Annual Indexes Graphs
Jan 1, 1998 to Jan 1, 2024
Other Cayman Islands Annual Indexes Graphs
Jan 1, 1998 to Jan 1, 2024
George Town Annual Indexes Graphs
Jan 1, 1998 to Jan 1, 2024
Total Cayman Islands Annual Indexes Graphs
Jan 1, 1998 to Jan 1, 2024
Annual Indexes
Jan 1, 1998 to Jan 1, 2024
Frequently Asked Questions