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For any question on data and metadata, please contact: Eurostat user support |
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1.1. Contact organisation | INSEE - The French National Institut for Statistics. |
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1.2. Contact organisation unit | The Housing and Welath Division belongs to Department of Household Resources and Living Conditions. Department of Household Resources and Living Conditions belongs to Directorate of Economic and Social Statistics, one of the central directorates of INSEE |
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1.5. Contact mail address | 88 Avenue Verdier CS 70058 92541 MONTROUGE CEDEX FRANCE |
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2.1. Metadata last update | 05/02/2024 | ||
2.2. Metadata last certified | 05/02/2024 | ||
2.3. Metadata last posted | 05/02/2024 |
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3.1. Data description | |||
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. |
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3.2. Classification system | |||
The OOHPI is broken down into the following expenditure categories:
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3.3. Coverage - sector | |||
Households which are owner occupiers. |
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3.4. Statistical concepts and definitions | |||
The main statistical variables are price indices. |
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3.5. Statistical unit | |||
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. |
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3.6. Statistical population | |||
Owner occupied dwellings. |
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3.7. Reference area | |||
French OOHPI covers France excluding overseas areas. |
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3.8. Coverage - Time | |||
Data are available from 2009Q1. |
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3.9. Base period | |||
2015=100 |
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The following units are used:
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OOHPI is a quarterly statistics. |
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6.1. Institutional Mandate - legal acts and other agreements | |||
Legal acts and other agreements - EU level : Commission Implementing Regulation (EU) 2023/1470 EU regulation 2016/792 provides for the quarterly transmission of OOHPI data by 85 days after the end of the quarter and of the annual weights by 15 June of year following the year to which the weights relate. |
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6.2. Institutional Mandate - data sharing | |||
Not applicable. |
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7.1. Confidentiality - policy | |||
Data are published up to the level of detail described in the HPI and OOHPI implementing Regulation. |
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7.2. Confidentiality - data treatment | |||
Not applicable. |
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8.1. Release calendar | |||
The French OOHPI is published by Eurostat according to Eurostat's schedule. It is not published otherwise by INSEE . |
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8.2. Release calendar access | |||
Not applicable. |
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8.3. Release policy - user access | |||
Not applicable. |
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Quarterly (OOHPI) and annually (weights) |
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10.1. Dissemination format - News release | |||
Not applicable. |
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10.2. Dissemination format - Publications | |||
No publication contains the overall OOHPI data, yet the published sub indices (O1111 in the HPI publication, O121 as "IPEA" on its own) are published quarterly on insee.fr |
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10.3. Dissemination format - online database | |||
No, yet the published sub indices (O1111 in the HPI publication, O121 as "IPEA" on its own) are available on insee.fr |
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10.4. Dissemination format - microdata access | |||
Not applicable. |
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10.5. Dissemination format - other | |||
Not applicable. |
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10.6. Documentation on methodology | |||
There is no specific documentation for France, Eurostat's Technical manual on Owner-Occupied Housing and House Price Indices (2017) is the basis used for compiling the index. |
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10.7. Quality management - documentation | |||
Not available. |
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11.1. Quality assurance | |||
All data are checked for completeness and consistency according to the statistical concepts and definitions. |
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11.2. Quality management - assessment | |||
Not available. |
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12.1. Relevance - User Needs | |||
The aggregation of the sub-indices to the OOHPI is made specifically for Eurostat. |
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12.2. Relevance - User Satisfaction | |||
The OOHPI meets the specifications set out in the Regulation. |
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12.3. Completeness | |||
The OOHPI meets the specifications set out in the Regulation. |
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13.1. Accuracy - overall | |||
There are no estimates of the overall accuracy of the OOHPI. |
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13.2. Sampling error | |||
No sampling for new dwellings price (exhaustive survey). Self build dwellings and major renovations are sampled using quarterly 500 building permits over 30000. Other services concerning acquisition is computed from several notaries fees. Major repairs and maintenance is computed using firms which answer to the statistical business survey. Insurance and other services concerning ownership are computed using the French CPI sample. |
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13.3. Non-sampling error | |||
Non available. |
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14.1. Timeliness | |||
Data are sent according to HPI and OOHPI regulations: 85 days after the end of the reference period (indexes) and no later than June 15th of the year following the reference year (weights). |
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14.2. Punctuality | |||
Data are delivered on time, following the 2016/792 Regulation. |
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15.1. Comparability - geographical | |||
Only one overall index is given for France (no regional breakdowns) |
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15.2. Comparability - over time | |||
Data are comparable over time. |
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15.3. Coherence - cross domain | |||
There are no other potential sources of OOHPI. |
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15.4. Coherence - internal | |||
The newly built dwellings price index used in the OOHPI is also used in the HPI. |
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0.2 FTE for a statistician is needed for compilating the sub-indices and answering Eurostat. |
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17.1. Data revision - policy | |||
OOHPI is revised for the last quarter. |
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17.2. Data revision - practice | |||
Results are more accurate after revision. |
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18.1. Source data | |||
See below. |
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18.1.1. Prices | |||
Data concerning the different items are collected either by surveys, or using the CPI sample (see 13.2). |
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18.1.2. Weights | |||
The weights between the different items are calculated from the Housing National Accounts. |
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18.2. Frequency of data collection | |||
Data are collected quarterly for the construction surveys and monthly for the CPI. |
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18.3. Data collection | |||
See above. |
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18.4. Data validation | |||
Validations of the data collection are made including checks for aberrant values. |
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18.5. Data compilation | |||
See below. |
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18.5.1. Calculation and Aggregation | |||
See below. |
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18.5.1.1. Index formulae | |||
OOHPI is a Laspeyres-type price index. |
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18.5.1.2. Aggregation method | |||
Sub-indices are aggregated by means of weights derived from global amounts provided by National Accounts. |
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18.5.1.3. Derivation of sub-index and elementary aggregate weights | |||
Aggregate weights are computed from amounts provided by National Accounts. |
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18.5.1.4. Price updating | |||
N/A |
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18.5.1.5. Chaining and linking method | |||
N/A |
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18.5.2. Other processing issues - OOH sub-indices for purchases of newly built dwellings and existing dwellings new to households | |||
See below. |
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18.5.2.1. Timing for pricing | |||
First binding contract. |
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18.5.2.2. Treatment of VAT | |||
VAT is included in the price of newly built dwellings. |
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18.5.2.3. Treatment of other taxes | |||
Other taxes are not included in the price of dwellings. |
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18.5.2.4. Treatment of government subsidies | |||
Government subsidies or fiscal incentives are not taken care of in the OOHPI. |
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18.5.2.5. Treatment of land | |||
The price of land is included in both prices and weights. |
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18.5.2.6. Housing cooperatives | |||
Housing cooperatives are not included. |
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18.5.2.7. Treatment of non-market transactions | |||
Excluded |
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18.5.2.8. Treatment of multi-object transactions | |||
N/A |
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18.5.2.9. Treatment of fractional transactions | |||
N/A |
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18.5.3. Other processing issues - OOH sub-indices other than OOH sub-indices for purchases of newly built dwellings and existing dwellings new to households | |||
See below. |
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18.5.3.1. Elementary aggregate formulae | |||
Aggregation is performed based on weighted average of indices. |
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18.5.3.2. Replacements | |||
N/A |
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18.5.3.3. Quality adjustment | |||
N/A |
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18.5.3.4. Missing prices | |||
N/A |
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18.5.3.5. Discounts and inducements | |||
N/A |
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18.5.3.6. Zero prices | |||
N/A |
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18.5.3.7. Treatment of VAT | |||
Regarding indices, most of the components (excluding newly build dwelling index and components coming from HICP) exclude VAT, as they as regarded as producer prices. Yet weights are computed on a consistent basis, including VAT for each component. |
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18.6. Adjustment | |||
No specific other adjustments. |
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None. |
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