One place for the numbers
Every market figure used anywhere on this site has one home: this section. The guides quote a number and link here; here the number sits in a table with its source, its date, its methodology and the date of the next update. When a figure changes, it changes here first and the pages that quote it follow. That is how a site with hundreds of pages avoids contradicting itself.
The Georgian property market is well covered by research houses and official statistics, but the coverage is scattered across quarterly PDFs, press releases and news articles, in different definitions and with different dates. A buyer who wants to know what happened to prices last year can find five numbers from five sources and no way to compare them. This section does the comparing. It collects the published series, records exactly where each number came from and what it measures, and presents them in a fixed structure so that the same question is answered the same way every quarter.
The source hierarchy
| 1. Official statistics | The National Statistics Office of Georgia (Geostat) for population, construction and economic series; the National Bank of Georgia for exchange rates, interest rates and lending; the National Agency of Public Registry for transaction counts. Used first wherever they cover the question. |
|---|---|
| 2. Research houses | Colliers Georgia, Galt & Taggart and TBC Capital publish regular reports on sales, prices, rents, supply and buyer composition. Each has its own definitions and coverage, which the methodology notes record, and their figures are attributed by name every time they are used. |
| 3. Reported secondary sources | Business media such as GBC, CBW and international outlets that report the research houses' findings. Used when the primary report is not public, and always attributed to the originating house with the reporting outlet named. |
| 4. Our own series | Indexes and trackers built by our analyst from listings, registry data and site visits. Published only once the series is long enough to mean something, with the method open, and never presented as more than it is. |
| Not used | Agency marketing, developer brochures, forum posts and unattributed social media figures. If a number cannot be traced to one of the four tiers above, it does not appear on this site. |
What the facts register holds today
At the time of writing, the register holds a small set of market facts, all from 2025 and the first quarter of 2026: transaction counts and value for Tbilisi and Batumi, the construction pipeline in Tbilisi, average prices per square metre in both cities, the composition of buyers by nationality in Batumi and the share of Georgian buyers in Tbilisi, the largest foreign buyer group in Tbilisi, and an average gross rental yield for Tbilisi. The figures themselves are presented, with their sources, on the Invest & money page and, for prices, on the Places page, and are not repeated here. This section's job is to grow that register into series: the same measure, from the same source, quarter after quarter, so that a trend can be shown rather than a snapshot. Until a series exists, the pages in this section say so instead of drawing a line through two points.
To be added by the team: the quarterly series from Colliers Georgia, Galt & Taggart and TBC Capital reports going back far enough to show a trend, with publication dates; Geostat and National Bank series; registry transaction counts. Each report page lists what it has and what is still missing.
What is published in Georgia, and what is not
Buyers from countries with official house price indexes are surprised by what Georgia publishes and what it does not. Transaction data exists: the Public Registry records every transfer, and registry-based counts of sales are the most reliable volume figures in the market. Official statistics cover construction activity, permits and the wider economy. What does not exist is a single official price index for apartments; price and rent figures come from the research houses, each with its own basis. Colliers Georgia, Galt & Taggart and TBC Capital publish on their own schedules and with their own coverage: one may survey developers' primary sales, another may track listings, a third may combine both, and a "foreign buyer share" from a survey of the primary market is not the same as a share of all transactions. Listing prices, which are what most online portals show, are asking prices and run above what is paid. None of this makes the data unusable; it makes the methodology note essential. Every figure on this site states its basis for exactly this reason, and the pages in this section will put the different series side by side rather than pretending they measure the same thing. When our own indexes exist, they will state their basis on every release just as strictly, because a house index that does not explain itself is one more number to be misread.
The indexes and trackers
The price index and the rent index will be monthly and will state, on every release, what they measure: asking prices or transaction prices, which districts, which apartment types, which finishing level, and how outliers are treated. An index that does not say this is a number without meaning. The foreign buyer barometer will follow the published surveys of buyer nationality and add what our own enquiries show, clearly separated. The supply tracker will follow the construction pipeline, permits issued and projects completed, which is the number that most affects a buyer's exit. The residency rules change tracker is the one page on this site that is a timeline rather than a table: every change to the property-based and investment permits, with the date it took effect and the source, starting with the increase of the property threshold from $100,000 to $150,000 on 1 March 2026. The monthly new projects calendar will list projects announced and launched, by city, with developer and the permit status we could verify.
The reports
The quarterly market report will have the same skeleton every quarter: headline numbers, then one chart per theme, then the tables, then the methodology, then the sources, then the date of the next report. A reader who has read one will be able to read the next in a quarter of the time, and a reader who wants only the numbers can skip to the tables. The annual report will do the same for the year, with a section on what changed in the rules. The annual buyer survey will be our own: who asked us about buying, from where, for what purpose, with what budget, and what they decided, published with the sample size and the obvious caveat that our clients are not the market. Every report will be downloadable as a table, and every chart will have its data visible beneath it rather than locked in an image.
How a figure gets onto this site
Found in a source
The analyst reads the report or the official release, not a summary of it, and records the figure with the exact definition the source uses.
Entered in the register
The figure goes into the facts register with the source link, the originating institution, the date of the data and the date we checked it.
Compared with what we already hold
If two sources disagree, both are recorded, the difference is explained in the methodology note, and the pages say which one they use and why.
Published with attribution
The figure appears on the relevant page with its originating institution named in the sentence or the table, and the link in the sources list.
Re-checked on schedule
Each figure has a next-check date tied to the source's publication cycle. When the new release appears, the register is updated and the change logs of the pages that quote it record the change.
Reading market data without fooling yourself
Three habits protect a buyer reading any of these pages. Check what a price means: an asking price in listings, a transaction price from the registry and a developer's list price are three different numbers, and a change in one is not a change in the others. Check the base: a percentage rise from a small base in a resort is not comparable to the same percentage in Tbilisi, and a share of "foreign buyers" depends on whether the survey covers developers only or the whole market, which is why the Batumi figure of 52% is labelled as coming from a developer survey. Check the date: the market moves, and a figure from early 2025 describes early 2025. The methodology notes on each page exist so that these checks take seconds rather than a search.
How this section is organised
The first group, indexes and trackers, is the recurring series; the second, reports, is the periodic analysis built on them. The tools that use these numbers are in Tools, the interpretation for investors is in Invest & money, and the place-level context is in Places. Journalists, researchers and other sites are welcome to quote any figure here with the originating institution and a link; the editorial policy explains how we treat sources, and the report-an-error page is the fastest way to tell us a figure is wrong or outdated. The analyst who maintains the register is described on the team page.
Frequently asked questions
Where do your market numbers come from?
From official statistics (Geostat, the National Bank, the Public Registry), from the published reports of Colliers Georgia, Galt & Taggart and TBC Capital, and from business media reporting those houses, always attributed. Our own series are added only when they are long enough to mean something.
Why are the same numbers on several pages?
They are quoted on the pages that need them and link here. The number is maintained in one register, so when it changes it changes everywhere at once, and the change logs record it.
How often is the data updated?
On the source's cycle: monthly for indexes once they exist, quarterly for research house reports, and whenever a rule changes for the residency tracker. Each figure shows the date it was checked.
Can I download the data?
Reports will offer their tables as downloadable files, and every chart will show its data beneath it. Quote any figure with the originating institution and a link.
Do you publish forecasts?
No. We report what the market did and explain what it means. Forecasts on this site would be opinions, and we keep opinions out of the data section.
What if two sources disagree?
Both are recorded, the difference is explained in the methodology note, and the page says which figure it uses and why. Disagreement between sources is information, not a problem to hide.
Sources
- National Statistics Office of Georgia, geostat.ge; National Bank of Georgia, nbg.gov.ge; National Agency of Public Registry, napr.gov.ge.
- Colliers Georgia via GBC, gbc.ge, and via CBW, cbw.ge; Galt & Taggart via GBC, gbc.ge, and via International Investment, internationalinvestment.biz; all accessed 10 October 2026.
- Residency threshold change of 1 March 2026: IMI Daily, imidaily.com, accessed 10 October 2026.