Download This PaperResidential Property Price Statistics Across the Globe
16 Pages Posted: 1 Oct 2014
Date Written: September 2014
Abstract
Despite their importance in macroeconomic and financial stability analysis, residential property data are not easily available on a comparable basis. The BIS currently publishes more than 300 price series for 55 countries, among which it has selected one representative series for each country. For 18 countries, it also publishes series that span the period back to the early 1970s. House prices can serve as key indicators of financial stability risks, as property booms are often the source of vulnerabilities that lead to systemic crises.
JEL Classification: R30, R31
Suggested Citation: Suggested Citation
Scatigna, Michela and Szemere, Robert and Tsatsaronis, Konstantinos, Residential Property Price Statistics Across the Globe (September 2014). BIS Quarterly Review September 2014, Available at SSRN: https://ssrn.com/abstract=2498635
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