Price index in real terms (RHPI) of residential property in Europe 2000-2023

Price index in real terms (RHPI) development of residential property in 16 countries in Europe from 1st quarter 2000 to 2nd quarter 2023

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Source

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Release date

October 2023

Region

Europe

Survey time period

Q1 2000 to Q2 2023

Special properties

Index value 2005 equals 100. The year 2005 is the base year used to calculate the index value

Supplementary notes

The source states it uses a "house price index for each country that is most consistent with the quarterly U.S. house price index for existing single-family houses produced by the Federal Housing Finance Agency. We extend the preferred series for each country back to first quarter 1975 either with historical data or with data from secondary sources. Each country’s house price index is seasonally adjusted over the entire sample period with an unobserved components time series model and then rebased to 2005 = 100."

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