National and Regional House Price Indices
< < >-< OECD.Stat
Open all groups and itemsClose all groups and itemsSend link via emailPrintOpen in stand alone windowClose this window
Click to expand Source
Click to collapse Source
Click to expand Contact person
Click to collapse Contact person
Click to expand Data Characteristics
Click to collapse Data Characteristics
Click to expand Unit of measure used
Click to collapse Unit of measure used
HPIs: Index (2015=100), Percentage change on the same period of the previous year (%), Percentage change from previous period (%), Index SA (2015=100), Percentage change on the same period of the previous year SA (%), Percentage change from previous period SA (%).

CPIs for housing and Value and Number of housing transactions (source Eurostat): Index (2015=100), Percentage change on the same period of the previous year (%), Percentage change from previous period (%).

RPPI Deflator: Index SA (2015=100)

CPI weights: Per thousand of the national CPI Total.
Click to expand Date last updated
Click to collapse Date last updated
28/10/2020 07:25:36
Click to expand Population & Scope
Click to collapse Population & Scope
Click to expand Statistical population
Click to collapse Statistical population
Residential Property Prices Indices (RPPIs) – also named House price indices (HPIs), are index numbers measuring the evolution of residential property prices over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector.

This dataset includes RPPI compiled by official statistical agencies following international statistical guidelines. It covers all OECD member countries and some non-member countries. Whenever possible, these RPPIs are broken down by region, dwelling type (single- and multi-family dwellings) and vintage (new and existing dwellings). Please note that not all RPPIs are available for all countries. For instance, the RPPI at the most aggregate level for the United States only covers single-family dwellings and not all types of dwellings as it is the case for most other OECD countries. Similarly, not all countries compile regional RPPIs.

At regional level, the available RPPIs are classified according to the OECD Territorial Level (TL) classification whenever possible. Regions within the 37 OECD countries are classified on two territorials level reflecting the administrative organisation of countries. The 394 OECD large regions (TL2) represent the first administrative tier of subnational government, for example, the Ontario Province in Canada. The 2258 OECD small regions (TL3) correspond to administrative regions, with the exception of Australia, Canada and the United States. This classification – which, for European countries, is largely consistent with the Eurostat NUTS 2016 – facilitates greater comparability of geographic units at the same territorial level.

RPPIs for some cities are also available. Country-specific metadata include information on how these cities are defined.

The dataset called “National and Regional House Price Indices - Headline indicators” presents, for each country, the RPPI that is available at the most aggregate level at both national and regional levels.

OECD TL Classification

Availability of regional RPPI

RPPI metadata by country
Click to expand Concepts & Classifications
Click to collapse Concepts & Classifications
Click to expand Key statistical concept
Click to collapse Key statistical concept
The 'National and Regional House Price Indices' dataset mainly contains quarterly statistics and related methodological information for all OECD member countries and some non-member countries.

Whenever possible, this dataset focuses on comparable series for 3 target RPPI indicators:
1) RPPI for newly-built and existing dwellings, all types of dwellings, whole country;
2) RPPI for newly-built dwellings, all types of dwellings, whole country and;
3) RPPI for existing dwellings, all types of dwellings, whole country.

Data are available at a quarterly frequency for all countries. For Canada, Ireland, Iceland, Israel, Japan, Korea, Turkey, United Kingdom, China and South Africa monthly data are also available.

Types of dwelling - The classification and terminology may differ significantly from country to country.
• 'All types of dwellings' refers to all dwellings purchased by households regardless of their structural characteristics, e.g. detached houses, semi-detached houses, terraced houses, row houses or townhouses, multi-family apartments, condominiums, and coops.
• 'Single-family dwellings' are generally free standing residential buildings, e.g. detached houses
• 'Multi-family dwellings' are multiple separate housing units for residential inhabitants contained within one building or several buildings within one complex, e.g. apartment buildings, duplex or semi-detached houses, and townhouses.

International guidelines for the compilation of RPPIs are given in the Handbook on Residential Price Property Indices published in 2013.

RPPI Handbook
Click to expand Other Aspects
Click to collapse Other Aspects
Click to expand Recommended uses and limitations
Click to collapse Recommended uses and limitations
Indicators have been prepared by national statistical agencies primarily to meet the requirements of users within their own country. In most instances, the indicators are compiled in accordance with international statistical guidelines and recommendations. However, national practices may depart from these guidelines, which may alter the international comparability of RPPIs. These potential departures are documented in the metadata for the relevant countries.
National and Regional House Price IndicesUnit of measure used
HPIs: Index (2015=100), Percentage change on the same period of the previous year (%), Percentage change from previous period (%), Index SA (2015=100), Percentage change on the same period of the previous year SA (%), Percentage change from previous period SA (%).

CPIs for housing and Value and Number of housing transactions (source Eurostat): Index (2015=100), Percentage change on the same period of the previous year (%), Percentage change from previous period (%).

RPPI Deflator: Index SA (2015=100)

CPI weights: Per thousand of the national CPI Total.
Date last updated
28/10/2020 07:25:36
Contact person
OECD statistics contact: stat.contact@oecd.org

http://www.oecd.org/sdd
Statistical population
Residential Property Prices Indices (RPPIs) – also named House price indices (HPIs), are index numbers measuring the evolution of residential property prices over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector.

This dataset includes RPPI compiled by official statistical agencies following international statistical guidelines. It covers all OECD member countries and some non-member countries. Whenever possible, these RPPIs are broken down by region, dwelling type (single- and multi-family dwellings) and vintage (new and existing dwellings). Please note that not all RPPIs are available for all countries. For instance, the RPPI at the most aggregate level for the United States only covers single-family dwellings and not all types of dwellings as it is the case for most other OECD countries. Similarly, not all countries compile regional RPPIs.

At regional level, the available RPPIs are classified according to the OECD Territorial Level (TL) classification whenever possible. Regions within the 37 OECD countries are classified on two territorials level reflecting the administrative organisation of countries. The 394 OECD large regions (TL2) represent the first administrative tier of subnational government, for example, the Ontario Province in Canada. The 2258 OECD small regions (TL3) correspond to administrative regions, with the exception of Australia, Canada and the United States. This classification – which, for European countries, is largely consistent with the Eurostat NUTS 2016 – facilitates greater comparability of geographic units at the same territorial level.

RPPIs for some cities are also available. Country-specific metadata include information on how these cities are defined.

The dataset called “National and Regional House Price Indices - Headline indicators” presents, for each country, the RPPI that is available at the most aggregate level at both national and regional levels.

OECD TL Classification

Availability of regional RPPI

RPPI metadata by country
Key statistical concept
The 'National and Regional House Price Indices' dataset mainly contains quarterly statistics and related methodological information for all OECD member countries and some non-member countries.

Whenever possible, this dataset focuses on comparable series for 3 target RPPI indicators:
1) RPPI for newly-built and existing dwellings, all types of dwellings, whole country;
2) RPPI for newly-built dwellings, all types of dwellings, whole country and;
3) RPPI for existing dwellings, all types of dwellings, whole country.

Data are available at a quarterly frequency for all countries. For Canada, Ireland, Iceland, Israel, Japan, Korea, Turkey, United Kingdom, China and South Africa monthly data are also available.

Types of dwelling - The classification and terminology may differ significantly from country to country.
• 'All types of dwellings' refers to all dwellings purchased by households regardless of their structural characteristics, e.g. detached houses, semi-detached houses, terraced houses, row houses or townhouses, multi-family apartments, condominiums, and coops.
• 'Single-family dwellings' are generally free standing residential buildings, e.g. detached houses
• 'Multi-family dwellings' are multiple separate housing units for residential inhabitants contained within one building or several buildings within one complex, e.g. apartment buildings, duplex or semi-detached houses, and townhouses.

International guidelines for the compilation of RPPIs are given in the Handbook on Residential Price Property Indices published in 2013.

RPPI Handbook
Recommended uses and limitations
Indicators have been prepared by national statistical agencies primarily to meet the requirements of users within their own country. In most instances, the indicators are compiled in accordance with international statistical guidelines and recommendations. However, national practices may depart from these guidelines, which may alter the international comparability of RPPIs. These potential departures are documented in the metadata for the relevant countries.