Sunday, July 1, 2007

Real Estate Price Indexes

Real Estate Price Indexes, a conference organised by the IMF and the OECD, November 2006.

Residential property prices
– a synopsis of available data and related methodological issues (pdf).
Stephan Arthur, Bank for International Settlements

For nigh on 20 years, the Bank for International Settlements has taken an active interest in the financial and monetary implications of property prices, especially residential. From the beginning, it has collected data on such prices, and deepened its knowledge on the statistics themselves as well as the various methodologies used. This paper briefly examines these methodologies and classifies the data by various criteria, thereby also illustrating the limitations and problems faced in international comparison.

No comments: