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A Comparison of Alternative Approaches to Measuring House Price Inflation

In: Property Price Index

Author

Listed:
  • W. Erwin Diewert

    (University of British Columbia)

  • Kiyohiko G. Nishimura

    (National Graduate Institute for Policy Studies (GRIPS))

  • Chihiro Shimizu

    (Nihon University & The University of Tokyo)

  • Tsutomu Watanabe

    (The University of Tokyo)

Abstract

Some real estate data for sales of detached houses in the Dutch town of “A” is used in order to construct house price indexes using a variety of methods. A main purpose of the paper is to determine whether the different methods generate different empirical results. The data cover 14 quarters of sales, beginning in 2005 and ending in the middle of 2008.

Suggested Citation

  • W. Erwin Diewert & Kiyohiko G. Nishimura & Chihiro Shimizu & Tsutomu Watanabe, 2020. "A Comparison of Alternative Approaches to Measuring House Price Inflation," Advances in Japanese Business and Economics, in: Property Price Index, chapter 0, pages 81-125, Springer.
    • Handle: RePEc:spr:advchp:978-4-431-55942-9_3
    DOI: 10.1007/978-4-431-55942-9_3
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