This chart shows trends in average house prices in the Faroe Islands, alongside cumulative inflation.

• Teal line: House prices adjusted for inflation
• Yellow line: Nominal house prices (not adjusted)
• Red line: Cumulative inflation

Red shaded areas: Highlight important economic events:

• Recession of 1990s
• Dot-com crash of 2000
• Great Financial Crisis of 2009
• COVID-19 pandemic of 2020