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INDICE DE PRECIOS DE LA VIVIENDA USADA EN COLOMBIA - I P V U - Método de ventas repetidas

Author

Listed:
  • Julio Escobar

    ()

  • Carlos Huertas

    ()

  • Dora Alicia Mora

    ()

  • José Vicente Romero

    ()

Abstract

En este documento se presenta un Índice de Precios de Vivienda Usada (IPVU) para Colombia (1988 y 2004), calculado a partir de una adaptación de la metodología de ventas repetidas ponderadas propuesta por Case y Shiller (1989). En su construcción se usaron 26.189 avalúos de las mismas viviendas en distintos periodos de tiempo, según la información suministrada por las principales entidades que ofrecen crédito hipotecario en el país3. El respaldo matemático que subyace del modelo, la amplia literatura existente y las bondades del método seleccionado frente a las limitaciones de información disponible en el país, lo hacen el más recomendable para iniciar un proceso de medición de precios de vivienda usada. En esta primera etapa de publicación se pretende dar a conocer la metodología de cálculo del IPVU y sus resultados, con el objeto de atender los diferentes comentarios de los gremios, comunidad académica y público en general. Por lo tanto, el IPVU debe ser visto como un indicador provisional, que puede servir como punto de partida para futuras investigaciones sobre el tema. Con respecto a los resultados del IPVU, se encontró que los cambios del índice son mas suaves, pero con tendencia similar a los mostrados por otros índices de precios de los inmuebles calculados en Colombia. El IPVU muestra un auge del valor de dichos activos en la primera mitad de la década de los noventa y un posterior declive hasta el 2001, fecha a partir de la cual se vienen presentando incrementos del índice.

Suggested Citation

  • Julio Escobar & Carlos Huertas & Dora Alicia Mora & José Vicente Romero, 2006. "INDICE DE PRECIOS DE LA VIVIENDA USADA EN COLOMBIA - I P V U - Método de ventas repetidas," Borradores de Economia 368, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:borrec:368
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    References listed on IDEAS

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    1. Michelle H. Dreiman & Anthony Pennington-Cross, 2004. "Alternative Methods of Increasing the Precision of Weighted Repeat Sales House Prices Indices," The Journal of Real Estate Finance and Economics, Springer, vol. 28(4), pages 299-317, May.
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    3. Englund, Peter & Quigley, John M. & Redfearn, Christian L., 1998. "Improved Price Indexes for Real Estate: Measuring the Course of Swedish Housing Prices," Journal of Urban Economics, Elsevier, vol. 44(2), pages 171-196, September.
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    Cited by:

    1. Milton Camelo Rincón & Jacobo Campo Robledo, 2016. "Análisis de la política de vivienda en Bogotá: un enfoque desde la oferta y la demanda," REVISTA FINANZAS Y POLÍTICA ECONÓMICA, UNIVERSIDAD CATOLICA DE COLOMBIA, vol. 8(1), pages 105-122, March.

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