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Tbilisi house prices up 5.9% year on year - Geostat

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The residential property price index rose by 1.5% in the third quarter of 2026 compared with the previous quarter, and by 5.9% year on year. According to the National Statistics Office (Geostat), the index is 66.2% higher than the 2020 average.

Geostat said the index covers only Tbilisi and only the new-build housing market, including both apartments in multi-storey buildings and private houses.

Quarter-on-quarter, third-quarter house prices climbed 2.7%, outpacing a 1.2% rise in apartment prices.

Compared with the third quarter of 2025, prices rose in both segments: by 5.6% for apartments and 7.0% for private houses.

Mtatsminda was the most expensive district for apartments, at GEL 7,004 per square metre, followed by Vake at GEL 6,046. Prices in other districts were: Krtsanisi GEL 4,635, Saburtalo GEL 4,444, Didube GEL 4,168, Chughureti GEL 4,121, Isani GEL 4,032, Nadzaladevi GEL 3,932, Gldani GEL 3,830 and Samgori GEL 3,657.

Regarding houses, Vake was the most expensive district at GEL 4,517 per square metre, closely followed by Mtatsminda at GEL 4,430 and Chughureti at GEL 3,637. Further down the scale, prices sat at GEL 3,543 in Saburtalo, GEL 3,448 in Didube, and GEL 3,213 in Isani. The lowest rates were recorded in Gldani (GEL 2,993), Krtsanisi (GEL 2,961), Samgori (GEL 2,839), and Nadzaladevi (GEL 2,798).

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image Ekaterine Mikabadze shares Georgia’s experience at the OECD International Conference on Financial Education

23.10.2026.18:03

Ekaterine Mikabadze, First Vice Governor of the National Bank of Georgia (NBG), participated in the annual international conference of the Organization for Economic Co-operation and Development (OECD), which was hosted this year in Yerevan, the capital of Armenia. This year’s conference focused on strengthening financial resilience.

The event brought together more than 50 representatives from 15 Eastern European countries, who shared information on major financial education projects and best practices implemented over the past two years. Panel discussions also addressed the development of evidence-based policy frameworks, research into citizens’ financial behavior, and the benefits of game-based learning.

During the conference, Ekaterine Mikabadze met with Miles Larbey, Head of Financial Consumer Protection, Education and Inclusion at the OECD, to discuss future cooperation between Georgia and the OECD. Miles Larbey highlighted the significant and commendable contribution of the NBG’s representatives in sharing knowledge and experience in financial education with other countries.

“Financial education is one of the NBG’s priorities. We are implementing numerous innovative projects; however, technological advances also bring new challenges. Therefore, the continuation of and support for the OECD program will be important for our country,” said Ekaterine Mikabadze.

Ketevan Akhalkatsi, Head of the Financial Education and Strategic Development Department at the NBG, also participated in the OECD’s annual conference, where she presented the NBG’s game-based programs and future plans to promote financial education. The NBG’s interactive educational projects, which use game-based learning methods, attracted particular interest from conference participants.

The conference was organized by the Ministry of Finance of the Kingdom of the Netherlands and the OECD International Network on Financial Education (OECD/INFE) as part of an OECD technical assistance project. The Central Bank of Armenia co-organized the event.

Established in 2008, the OECD International Network on Financial Education (OECD/INFE) aims to promote international cooperation among public authorities and other stakeholders working in financial education. It serves as a platform for collecting financial education data, preparing analytical and comparative reports, conducting research, and developing policy documents. The OECD/INFE brings together nearly 300 public institutions from more than 130 countries.

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