2007
DOI: 10.1007/s11146-007-9068-0
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Developing a House Price Index for The Netherlands: A Practical Application of Weighted Repeat Sales

Abstract: This paper describes the development of a house price index that has been introduced in May 2005 in The Netherlands. This monthly index, called Woningwaarde Index Kadaster (House Price Index Kadaster), is designed to detect changes in the price of the overall stock of owner-occupied homes. Fifty-five indices are calculated: one overall index, four regional indices, 12 provincial indices and 38 indices based on combinations of region/province and dwelling type. We used Case and Shiller's geometric Weighted Repe… Show more

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Cited by 42 publications
(42 citation statements)
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“…Indices are provided on a national level as well as on regional and house type levels. More details on the index construction method and the database can be found in Jansen et al (2008).…”
Section: Datamentioning
confidence: 99%
See 1 more Smart Citation
“…Indices are provided on a national level as well as on regional and house type levels. More details on the index construction method and the database can be found in Jansen et al (2008).…”
Section: Datamentioning
confidence: 99%
“…A frequently used method to model house price movements is the repeat sales approach. For example, the House Price Index of the Kadaster (the Dutch Land Registry) is an application of the repeat sales model for the Netherlands, see Jansen et al (2008).…”
Section: Introductionmentioning
confidence: 99%
“…A set of fifty-five monthly indexes was computed, consisting of a nation-wide index, four regional indexes and indexes based on combinations of region and dwelling type. These indexes, described extensively in Jansen et al (2008), were estimated using a weighted version of the repeat 1 Apart from house prices as such, the treatment of owner-occupied housing in the HICPs, the consumer price indexes produced in European Union Member States on the basis of harmonized standards, is also of interest. HICPs are needed in particular for the assessment of price convergence, for monitoring inflation and for conducting monetary policy in the euro zone.…”
Section: Introductionmentioning
confidence: 99%
“…In the Netherlands no conveyance tax needs to be paid on a house that is resold within six months. Jansen et al (2008) have…”
mentioning
confidence: 99%
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