## Residential Property Price Index

## Source details

**Canonical URL:** [Residential Property Price Index](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2025/rppixol25-01)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2025/rppixol25-01/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2025/rppixol25-01/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2025/rppixol25-01/bundle-manifest.json)

## Bibliographic details
- Session: OL 25.01
- Location: Course conducted online
- Dates: April 22, 2025 - July 31, 2025 (15 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

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### Target audience and qualifications
- The course is primarily aimed at mid-level to senior officials who are responsible for compiling, or planning to develop, the RPPI.
- Users of the RPPI will also find the course beneficial.
- Participants are expected to have a degree in economics or statistics; or equivalent experience.

### Course description — scope, content, and methodology
- Presents the concepts, data sources and compilation methods used for the production of the Residential Property Price Index (RPPIs).
- Emphasis on evaluating data sources for compiling RPPIs in terms of:
  - coverage
  - timeliness
  - richness in terms of supporting an appropriate compilation method
  - suitability of the price measure
  - weighting
- Considers trade-offs involved in selecting data sources and strategies for longer-run development of data sources.
- Emphasizes the property-mix problem: a change in the mix of properties transacted each period can bias measures of change in average prices.
- Main mix-adjustment methods covered:
  - stratification
  - hedonic regression
- Interactive workshops address mix-adjustment topics.
- The course follows the principles of the 2013 Handbook on RPPIs published by Eurostat, International Labor Organization (ILO), IMF, Organization for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE), and the World Bank.

### Course objectives
- Better understand the aim, scope and role of the RPPIs in analyzing developments in the property market.
- Learn to identify and assess relevant data sources for the RPPI.
- Explore best practice for the compilation of a price index for the residential property.

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## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2025/rppixol25-01_