Organisation for Economic Co-operation and Development

Residential Property Prices Indices (RPPIs) – also named House price indices (HPIs), are index numbers measuring the evolution of residential property prices over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector. This dataset includes RPPI compiled by official statistical agencies following international statistical guidelines. It covers all OECD member countries and some non-member countries. Whenever possible, these RPPIs are broken down by region, dwelling type (single- and multi-family dwellings) and vintage (new and existing dwellings). This dataset presents, for each country, the RPPI that is available at the most aggregate level at both national and regional levels. It mainly contains quarterly statistics. At regional level, the available RPPIs are classified according to the OECD Territorial Level (TL) classification whenever possible. Regions within the 37 OECD countries are classified on two territorials level reflecting the administrative organisation of countries. The 394 OECD large regions (TL2) represent the first administrative tier of subnational government, for example, the Ontario Province in Canada. The 2258 OECD small regions (TL3) correspond to administrative regions, with the exception of Australia, Canada and the United States. This classification – which, for European countries, is largely consistent with the Eurostat NUTS 2016 – facilitates greater comparability of geographic units at the same territorial level.The dataset called “National and Regional House Price Indices” contains the full list of available RPPIs. The dataset called “Analytical house price indicators” contains, in addition to nominal RPPIs, information on real house prices, rental prices and the ratios of nominal prices to rents and to disposable household income per capita. The datasets “Analytical house price indicators” and “National and Regional House Price Indices – Headline Indicators” do not refer to the same price indices for Brazil, Canada, China, Germany, the United States and the Euro area. These differences are further documented in country-specific metadata. For the United States, the series used in “Analytical house price indicators” is included in the dataset called “National and Regional House Price Indices”, but is not the headline indicator. For all other countries, non-seasonally adjusted price indices in both datasets are identical in the period in which they overlap.For all other countries, non-seasonally adjusted price indices in both datasets are identical on the overlapping period.