Bank for International Settlements

The residential property price statistics collect data from different countries. The BIS has obtained permission from various national data providers, with the assistance of its member central banks, to disseminate these statistics. The topic ‘Property prices: Selected series,’ contains nominal and real quarterly values for 58 countries, both in levels and in growth rates (ie four series per country). Real series are the nominal price series deflated by the consumer price index. The BIS has made the selection based on the Handbook on Residential Property Prices and the experience and metadata of central banks.   Data cited at : https://www.bis.org/statistics/index.htm

The commercial property prices data set contains nominal commercial property prices for more than 20 countries at various frequencies and is updated monthly. The data differ significantly from country to country in terms of property type, covered area, compilation method and other factors. Commercial properties include properties rented out at market prices, built for future sale, or used for the production of market goods and services. The data set includes time series on price developments of commercial land, offices, retail premises and industrial properties.

The detailed residential property prices data set consists of more than 300 series from around 60 countries collected from national central banks. These data series differ significantly from country to country, varying in frequency, type of property and vintage, covered area, priced unit, compilation method or seasonal adjustment. The specificities of each country’s residential property markets and the absence of binding international standards for property price statistics could explain this variability. Beyond national-level indicators, for most countries the data set contains some subnational data. Subnational data in most cases show price developments in the capital or biggest city.

The property price statistics currently include data from 59 countries, and are available at different frequencies. The data differ significantly from country to country, for instance in terms of sources of information on prices, type of property, area covered, property vintage, priced unit, detailed compilation methods and seasonal adjustment. This reflects two facts. Firstly, that the processes associated with buying and selling a property and hence data available, vary between countries and secondly, that there are currently no specific international standards for property price statistics.   Data cited at : https://www.bis.org/statistics/index.htm