Technical Assistance Reports

Philippines: Technical Assistance Report - Report on the Residential Property Price Index Mission (January 22-26, 2024)

Publication Date:

July 31, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Technical Assistance Report No. 2024/060

Subject:

Data collection Economic and financial statistics Export fluctuations Financial institutions International trade Land prices Loans Prices Real estate prices

Frequency:

regular