Croatian Bureau of Statistics

Price Statistics and European Comparison Programme Department

Ilica 3, 10000 Zagreb, Croatia

The OOHPI is based on the ‘net acquisitions’ approach, which measures changes in prices paid by households for the acquisition of dwellings that are new to the household sector and changes in other costs related to the ownership, and transfer of ownership, of dwellings.

The OOHPI is broken down into the following expenditure categories:

• O.1. Owner-occupiers’ housing expenditure;
  • O.1.1. Acquisitions of dwellings;
    • O.1.1.1. New dwellings;
      • O.1.1.1.1. Purchases of newly built dwellings;
      • O.1.1.1.2. Self-build dwellings and major renovations;
    • O.1.1.2. Existing dwellings new to households;
    • O.1.1.3. Other services related to the acquisition of dwellings;
  • O.1.2. Ownership of dwellings;
    • O.1.2.1. Major repairs and maintenance;
    • O.1.2.2. Insurance connected with dwellings;
    • O.1.2.3. Other services related to ownership of dwellings.

Households which are owner occupiers.

The main statistical variables are price indices.

The basic unit of statistical observation are transaction prices of dwellings new to the household sector and of other products that the households acquire in their role as owner-occupiers.

Owner-occupied dwellings.

The OOHPI covers the entire area of the country.

Data are available since first quarter of 2010.

The index reference period is 2015=100.

The following units are used:

Index: equal 100 in the base period;
Annual rates of change: percentage change on the same period of the previous year;
Quarterly rates of change: percentage change on the previous period;
Weights are given as parts in 1000.

The compiled quarterly indices represent the whole calendar quarter.

National legislation: Official Statistics Act (Official Gazette, No. 25/20), Annual Implementation Plan of Statistical Activities of the Republic of Croatia (only in Croatian).

European legislation: All relevant regulations as well as repealed legislation and other legal documents can be found in the Housing Price Statistics section on Eurostat's website under => Legislation.

None.

National legislation: Under the Official Statistics Act (Official Gazette, No. 25/20), the Croatian Bureau of Statistics (CBS) cannot publish, or otherwise make available to any individual or organization, statistics that would enable the identification of data for any individual person or legal entity. Individual data are strictly confidential and must not be published or reported.

European legislation: Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

According to policy rules (see point 7.1).

The OOHPI is not published on the CBS website.

The Croatian OOHPI is only published by Eurostat on a quarterly basis according to Eurostat’s Release calendar for HPI.

Not applicable (see 8.1.).

In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably. The detailed arrangements are governed by the Eurostat protocol on impartial access to Eurostat data for users.

Quarterly (OOHPI) and annually (weights).

Not applicable (see 8.1.).

Not applicable (see 8.1.).

Eurostat database.

Not applicable.

Not applicable.

Information on methodology is available only in metadata published on Eurostat website.

None.

All data are checked for completeness and consistency with statistical concepts and definitions.

Not available.

It is of interest to financial institution for monetary policy (ECB, Croatian National Bank, etc.) and the European Commission.

Not available.

All sub-indices are calculated according to the EU regulation.

The following OOH price index categories are included in the calculation of the total OOHPI: „Purchases of newly built dwellings”, „Self-build dwellings and major renovations”, „Existing dwellings new to households” (excluded since 2017), „Other services related to the acquisitions of dwellings”, „Major repairs and maintenance” and „Insurance connected with the dwelling”. The category „Other services related to ownership of dwellings” is not included in the calculation of the OOHPI.

There are not any estimates of the overall accuracy of the OOHPI.

Not available.

Not available.

The Croatian OOHPI is published approximately 100 days after the end of the related quarter only at the Eurostat website in line with Eurostat release calendar.

Data are sent to Eurostat according to the requirements – no later than 85 days from the end of the quarter to which the indices relate and no later than June 15 of the reference year for weights.

There is no record on delays in the data production so far and see 14.1.

Not available.

OOHPI data considered to be comparable.

OOHPI are checked for coherence with the HPIs.

All figures are checked for internal consistency.

Not available.

OOHPI series are revisable under the terms set in Commission Regulation (EU) No 2023/1470 of 17 July 2023. The published OOHPI data may be revised for mistakes, new or improved information, and changes in the system of harmonised rules.

Eurostat will be informed about possible non-periodic revisions (OOHPI is not published on the CBS website).

See below.

The main data sources for OOHPI are administrative data source and conducted surveys.

The data sources for compiling OOHPI weights are data from National Accounts, administrative data – Tax administration and from the Croatian Insurance Bureau.

Most price data are collected quarterly and only for the Insurance connected with dwellings category, data are collected in a monthly cycle.

Administrative data are received quarterly, for both, transaction prices and weights, by electronic protocol established between the CBS and the Tax Administration. Other weights data are collected annually.

Administrative data are received by electronic protocol established between the CBS and the Tax Administration.

Other data are collected or conducted by central CBS staff via Internet or electronically.

All data are checked for completeness and internal consistency in terms of eliminating various errors in the database and records.

See below.

See below.

OOHPI is a Laspeyres-type price index.

OOHPI sub-indices are calculated separately by using different sources.

Croatian OOHPI is an index that covers elementary indices for purchases of newly built dwellings, self-build dwellings and major renovations, existing dwellings new to households (excluded since 2017), other services related to the acquisitions of dwellings, major repairs and maintenance and insurance connected with the dwelling. These indices are then aggregated to a higher level and level total using a chain-linked Laspeyres-type price index formula.

From 2021 elementary aggregate weights are based on provisional expenditures from National Accounts (t-1) as well as on Tax administration data and are updated each year.

Elementary aggregate weights are price-updated on the basis of price change between the previous year and the last quarter of the previous year.

The OOHPI is chained on an annual basis using the fourth quarter of the previous year as the linking period.

See below.

Transaction prices are fixed in the buying contract and date of contract must be in the quarter for which the index is calculated.

VAT is included in the price of new dwellings.

Other taxes are not included in the price of dwellings.

Transactions which include government subsidies are normally below market prices and they are excluded from calculation.

The price of land is included in prices and deducted from weights.

Housing cooperatives are not covered.

Not included.

Not included.

The fractional transactions are included in calculation with no special treatment.

See below.

Elementary aggregate indices for Other services related to the acquisition of dwellings and for Insurance connected with dwellings have been computed as a ratio of current and the price referent period geometric mean (Jevons).

As regards replacement, case-by-case approach will be performed if necessary.

There are not automatic procedures and case-by-case approach is performed. The choice of method depends on specific replacement situation.

For price data in categories Other services related to the acquisition of dwellings and for Insurance connected with dwellings only direct price comparison method is used.

See 18.4.3. and 18.4.4.

Discounts are taken into account while there are no cases related to inducements.

Not applicable.

Most of the observed price include VAT.

No seasonal or calendar adjustments are made.

The hedonic method (time dummy rolling window method) for purchases of newly built dwellings and purchases of existing dwellings new to households (up to 2017) was selected.

None.