Institutul National de Statistica din Romania - Romanian National Institute of Statistics
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TEMPO - HOME >>> PRETURI Comunicate de presa >>> IPPR101 - Select criteria
IPPR101 - Residential property price indices - quaterly evolution - 2015=100: Please select the criteria for your query

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IPPR101 - Residential property price indices - quaterly evolution - 2015=100 
Definition The index is constructed from transacted property prices and is compiled under Commission Regulation (EU) No 1185/2025. The index is chain index to produce an index series that allows comparisons to be made across years.
 
Periodicity Quarterly 
Data sources Statistical survey on residential property price indices details 
Methodology Given the existing limitations for real estate sales, the qualitative changes that occur over time, the method used to estimate the indices is the ''hedonic'' method. The hedonic method takes into account the fact that the heterogeneous goods can be described by a set of characteristics or attributes. In the case of dwellings, this set may include both characteristics related to the structure of the dwelling and characteristics relating to the location of the property. Although there is no market for the evaluation of these characteristics (they can not be sold separately), in the case of properties, supply and demand determine by default the marginal contribution of characteristics to the property prices. 
Observations Residential property price indices have been published since 2009. 
Responsible person Mirela Beldiman, interior 1245, mirela.beldiman@insse.ro 
Project funded by EU
Project funded
by the EU		 © 1998-2017 National Institute of Statistics - ROMANIA
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