Philippines: Technical Assistance Report - Report on the Residential Property Price Index Mission (January 22-26, 2024)
July 31, 2024
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A technical assistance (TA) mission was conducted from January 22–26, 2024, to assist the Bangko Sentral ng Pilipinas (BSP) with the development of hedonic methods for their property price statistics. The mission’s primary focus was the Residential Property Price Index (RPPI). The mission completed the following tasks: (i) assisted the BSP to apply hedonic methods for the compilation of the RPPI using the existing loan information, (ii) provided practical training to staff, (iii) helped devise a strategy for dissemination of the revised results, and (iv) made recommendations on accessing and using more comprehensive administrative data sources for the compilation of property price statistics.
Subject: Data collection, Economic and financial statistics, Export fluctuations, Financial institutions, International trade, Land prices, Loans, Prices, Real estate prices
Keywords: commercial real estate, Data collection, data requirement, Export fluctuations, financial stability, IMF executive directors, inflation, Land prices, loan data, Loans, macro-prudential policy, macroeconomic statistics, monetary policy, price statistics, Property price index, property price indices, Real estate prices, Residential property price index, residential real estate, RPPI, World Bank staff
Pages:
15
Volume:
2024
DOI:
Issue:
060
Series:
Technical Assistance Report No. 2024/060
Stock No:
TAREA2024060
ISBN:
9798400281952
ISSN:
3005-4575
