This chart shows the trend in average house prices in the Faroe Islands compared to cumulative inflation indexed to 100.
- Yellow line: Nominal house prices (not adjusted for inflation)
- Red line: Cumulative inflation (indexed to 100, base year: 1985)
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