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Indice De Precios De La Vivienda Usada En Colombia -Ipvu-M�Todo De Ventas Repetidas

Author

Listed:
  • Julio Escobar
  • Carlos Huertas
  • Dora Alicia Mora
  • Jos� Vicente Romero

Abstract

En este documento se presenta un �ndice de Precios de Vivienda Usada (IPVU) para Colombia (1988 y 2004), calculado a partir de una adaptaci�n de la metodolog�a de ventas repetidas ponderadas propuesta por Case y Shiller (1989). En su construcci�n se usaron 26.189 aval�os de las mismas viviendas en distintos periodos de tiempo, seg�n la informaci�n suministrada por las principales entidades que ofrecen cr�dito hipotecario en el pa�s3. El respaldo matem�tico que subyace del modelo, la amplia literatura existente y las bondades del m�todo seleccionado frente a las limitaciones de informaci�n disponible en el pa�s, lo hacen el m�s recomendable para iniciar un proceso de medici�n de precios de vivienda usada. En esta primera etapa de publicaci�n se pretende dar a conocer la metodolog�a de c�lculo del IPVU y sus resultados, con el objeto de atender los diferentes comentarios de los gremios, comunidad acad�mica y p�blico 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 encontr� que los cambios del �ndice son mas suaves", pero con tendencia similar a los mostrados por otros �ndices de precios de los inmuebles calculados en Colombia. El IPVU muestra un auge del valor de dichos activos en la primera mitad de la d�cada de los noventa y un posterior declive hasta el 2001, fecha a partir de la cual se vienen presentando incrementos del �ndice."

Suggested Citation

  • Julio Escobar & Carlos Huertas & Dora Alicia Mora & Jos� Vicente Romero, 2006. "Indice De Precios De La Vivienda Usada En Colombia -Ipvu-M�Todo De Ventas Repetidas," Borradores de Economia 2837, Banco de la Republica.
    • Handle: RePEc:col:000094:002837
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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 Politica Economica, Universidad Católica de Colombia, vol. 8(1), pages 105-122.
    2. Juan Esteban Carranza & Dairo Estrada, 2007. "An empirical characterization of mortgage default in Colombia between 1997 and 2004," Borradores de Economia 4018, Banco de la Republica.
    3. Juan Carranza & Dairo Estrada, 2013. "Identifying the determinants of mortgage default in Colombia between 1997 and 2004," Annals of Finance, Springer, vol. 9(3), pages 501-518, August.

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