residential property price indicator

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European Central Bank DictionaryDownload this dictionary
residential property price indicator
A measure of the average changes over time in prices of residential dwellings (including both new and second-hand houses and flats). There is no harmonised methodology, and euro area aggregates are currently based on heterogeneous national indicators.

Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

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