House price index House price index

House price index

The House Price Index (HPI) measures the price changes of all residential properties, both newly built and existing, purchased by households. Methodological background information is given in the Handbook on Residential Property Prices Indices.

Further information:

Data

HPI data is also shown as part of the Macroeconomic Imbalances Procedure Scoreboard (see below).

Macroeconomic Imbalance Procedure Scoreboard

The Macroeconomic Imbalances Procedure (MIP) Scoreboard is a set of early warning indicators for monitoring macroeconomic imbalances. It was released for the first time in February 2012. The alert system is based on indicators that cover the major sources of macroeconomic imbalances with their respective 'alarm thresholds'.

Due to the important role of housing markets in the recent economic and financial crisis the House Price Index is included in the set of indicators in the MIP Scoreboard.

For more details on MIP indicators, see the Macroeconomic Imbalances Procedure Indicators webpage.