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Residential Property Price Statistics for the Euro Area and the European Union

In: Housing Market Challenges in Europe and the United States

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  • Martin Eiglsperger

Abstract

This chapter deals with the residential property price indices for the euro area and Member States of the European Union (EU) collected and com-piled by the European Central Bank (ECB) in co-operation with the EU national central banks. The raw data stem from various national sources. Since 2001, the ECB has compiled an aggregate for the euro area by weighting together changes in prices for houses and flats for the euro area countries. Since then, the statistical features of both the indi-cators for the countries and the euro area aggregate have improved, but still remain below the standards of other economic statistics and price indicators for the euro area. Dwelling price statistics for non-euro area EU countries have been collected since early 2005.

Suggested Citation

  • Martin Eiglsperger, 2009. "Residential Property Price Statistics for the Euro Area and the European Union," Palgrave Macmillan Books, in: Philip Arestis & Peter Mooslechner & Karin Wagner (ed.), Housing Market Challenges in Europe and the United States, chapter 11, pages 221-238, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24698-0_11
    DOI: 10.1057/9780230246980_11
    as

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