Eurostat – Statistics Explained: Housing price statistics – house price index, 15 Οκτωβρίου.
This article describes the house price index (HPI) in the euro area and the European Union (EU), presenting data on this indicator both at European and Member State level. It also provides examples of possible use of this indicator in relation to other statistics, such as consumer price indices, rent price indices and household disposable income. Finally, a summary description of the methodology used in the compilation of the HPI is given.
The HPI shows the price changes of residential properties purchased by households (flats, detached houses, terraced houses, etc.), both newly-built and existing ones, independently of their final use and independently of their previous owners. The Member States’ HPIs are compiled by the national statistical institutes, while Eurostat calculates the euro area and EU HPIs.
