Politare

House prices during each mayor's tenure

Every mayor since 1991, ranked by how house prices changed from their first day in office, next to Iceland over the same months. Politare shows what happened during a tenure; it does not claim the office-holder caused it.

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Tenures
Period
Order
#MayorCityIn officeTotalvs IcelandPer yearChart
1 Dagur B. Eggertsson Reykjavík 16 Jun 2014 – 16 Jan 2024 +148% May 2014 → Dec 2023−9.3 pts Iceland +157%+9.9%/yr
2R Steinunn Valdís Óskarsdóttir Reykjavík 1 Dec 2004 – 13 Jun 2006 +42.9% Nov 2004 → May 2006−0.0 pts Iceland +42.9%+26.9%/yr
3 Jón Gnarr Reykjavík 15 Jun 2010 – 16 Jun 2014 +34.6% May 2010 → May 2014+6.2 pts Iceland +28.3%+7.7%/yr
4N Þórólfur Árnason Reykjavík 1 Feb 2003 – 1 Dec 2004 +24.1% Jan 2003 → Nov 2004+0.5 pts Iceland +23.6%+12.5%/yr
5 Vilhjálmur Þórmundur Vilhjálmsson Reykjavík 13 Jun 2006 – 16 Oct 2007 +14.1% May 2006 → Sep 2007+0.2 pts Iceland +13.9%+10.4%/yr
6 Einar Þorsteinsson Reykjavík 16 Jan 2024 – 21 Feb 2025 +6.5% Dec 2023 → Jan 2025−2.0 pts Iceland +8.5%+6.0%/yr
7 Heiða Björg Hilmisdóttir Reykjavík 21 Feb 2025 – 2 Jun 2026 +4.5% Jan 2025 → May 2026−0.7 pts Iceland +5.2%+3.4%/yr
8 Hanna Birna Kristjánsdóttir Reykjavík 21 Aug 2008 – 15 Jun 2010 −14.4% Jul 2008 → May 2010−1.1 pts Iceland −13.3%−8.1%/yr

Sorted by total, highest first. Every row is indexed to the last month complete before the first day in office ("from" marks a start that had to move because that period had no data, or because the period cut it); Iceland is measured over the same months. Levels are per cent changes, rates are differences in %; "per year" compounds levels and divides rates. Tenures with under 12 months, or under three observations, are left out. index, March 2000 = 100 · Statistics Iceland, residential property market price index (VIS01106): the capital area's flats in multi-flat houses (the index has no total for the capital area), monthly from March 2000, not adjusted for inflation; the country's line is the whole country's total · capital area, flats in multi-flat houses data · as of Oct 2026.

Sources: Statistics Iceland (national accounts, Labour Force Survey, register-based employment, wage index, consumer prices, house prices, population; Reykjavík's population and residents in work, the capital region's Labour Force Survey and flat prices), Central Bank of Iceland (exchange rate, via the IMF), IMF (World Economic Outlook: government debt), GISCO, World Bank (Worldwide Governance Indicators), V-Dem Institute, Transparency International, World Happiness Report, Wikidata, Wikimedia Commons; prime ministers checked against the official lists, Reykjavík's mayors against the city's own list and the council's minutes. Every chart is indexed to the office-holder's first day. Correlation is not credit. CreditsPrivacy