Fraud Blocker

The Price of Real Estate: A Comprehensive Look at House Price Indices

Unlike with other goods and services that have a fixed price per unit, each sold property is always priced differently.

Furthermore, there are no transaction prices every month/quarter on the same property. Instead, there are infrequent transactions on diverse properties.

This results in noisy and unreliable data if we chose to rely on simplistic indices such as Median Price.

In this article we explore the solution to this problem and describe the methodologies used.