Compilation of the Residential Property Price Index
Source details
- Canonical URL
- Compilation of the Residential Property Price Index
Other formats
Bibliographic details
- Session: SA 26.32
- Location: New Delhi, India New location
- Dates: September 7-11, 2026 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed
Course description — scope and methodological emphasis
- Identifies the key uses of RPPIs.
- Reviews data sources and methods for compiling RPPIs.
- Outlines strategic issues for country-specific application.
- Emphasizes evaluation of alternative data sources in terms of:
- coverage,
- timeliness,
- richness for supporting a quality-mix methodology,
- suitability of a price measure,
- weighting.
- Considers trade-offs involved in selecting data sources and strategies for longer-run development of data sources.
- Methodological component emphasizes the quality-mix problem: a change in the mix of properties transacted each period can bias measures of change in average prices.
- Mix-adjustment methods highlighted:
- stratification,
- hedonic regression.
- Interactive workshops address stratification and hedonic regression topics.
- Follows the principles of the 2013 Handbook on RPPIs.
- Highlights interdependence of data source choices and methodological approaches.
Course objectives — competencies on completion
- Explain the nature and uses of RPPIs.
- Identify the strengths and weaknesses of possible data sources for RPPIs.
- Select the most appropriate method for RPPI compilation based on the availability of data.
- Apply different methods for compiling RPPIs.
- Make recommendations, where necessary, for the further development of data sources.
References