Puerto Rico House Price Index

The Puerto Rico House Price Index reached an all-time high of 247 points in Q2 2025. This is an increase from 238 points in Q1 2025, a rise of 3.8%. Tax incentives under Act 60 are attracting wealthy new residents and investors. A boom in tourism and short-term rentals is also contributing to the increase. Limited housing supply, driven by high construction costs and slow development, further fuels the rise. Mainland buyers including institutional investors, are purchasing properties with cash and employing long-term strategies. Infrastructure recovery post-hurricanes also supports market strength. Puerto Rico's record low House Price Index was 137.91 points in Q2 2017 and record high was 247 points in Q2 2025.