Housing price indexes

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  • Surveys and statistical programs – Documentation: 12-001-X201300211869
    Description:

    The house price index compiled by Statistics Netherlands relies on the Sale Price Appraisal Ratio (SPAR) method. The SPAR method combines selling prices with prior government assessments of properties. This paper outlines an alternative approach where the appraisals serve as auxiliary information in a generalized regression (GREG) framework. An application on Dutch data demonstrates that, although the GREG index is much smoother than the ratio of sample means, it is very similar to the SPAR series. To explain this result we show that the SPAR index is an estimator of our more general GREG index and in practice almost as efficient.

    Release date: 2014-01-15

  • Surveys and statistical programs – Documentation: 2310
    Description: The New Housing Price Index (NHPI) is a monthly series that measures changes over time in the contractors' selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods.

  • Surveys and statistical programs – Documentation: 5236
    Description: The Experimental New Condominium Apartment Price Index (NCAPI) is a quarterly series that measures changes over time in the contractors' selling prices of units in new condominium apartment buildings, where detailed specifications pertaining to each unit remain comparable between two consecutive periods.
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  • Surveys and statistical programs – Documentation: 12-001-X201300211869
    Description:

    The house price index compiled by Statistics Netherlands relies on the Sale Price Appraisal Ratio (SPAR) method. The SPAR method combines selling prices with prior government assessments of properties. This paper outlines an alternative approach where the appraisals serve as auxiliary information in a generalized regression (GREG) framework. An application on Dutch data demonstrates that, although the GREG index is much smoother than the ratio of sample means, it is very similar to the SPAR series. To explain this result we show that the SPAR index is an estimator of our more general GREG index and in practice almost as efficient.

    Release date: 2014-01-15

  • Surveys and statistical programs – Documentation: 2310
    Description: The New Housing Price Index (NHPI) is a monthly series that measures changes over time in the contractors' selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods.

  • Surveys and statistical programs – Documentation: 5236
    Description: The Experimental New Condominium Apartment Price Index (NCAPI) is a quarterly series that measures changes over time in the contractors' selling prices of units in new condominium apartment buildings, where detailed specifications pertaining to each unit remain comparable between two consecutive periods.
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