Luxembourg - House Price Index

Luxembourg: House Price Index

Mnemonic HPI.ILUX
Unit Index 2005Q1=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 5.96 %
Data 2020 Q2 174.35
2020 Q1 164.54

Series Information

Source Observatoire de l'Habitat
Release Housing Price Index
Frequency Quarterly
Start Date 3/31/2005
End Date 6/30/2020

Luxembourg: Real Estate

Reference Last Previous Units Frequency
House Price Index 2020 Q2 174.35 164.54 Index 2005Q1=100, NSA Quarterly
House Price Index for Existing Homes 2020 Q2 150.68 143.5 Index 2015=100, NSA Quarterly
House Price Index for New Homes 2020 Q2 145.57 141.08 Index 2015=100, NSA Quarterly
Building Permits Mar 2020 1,774 2,298 #, SAAR Monthly
Non-residential Building Permits Mar 2020 114 348 #, NSA Monthly
Residential Building Permits Mar 2020 33 49 #, NSA Monthly
Building Completions 2017 284 261 # Annual

Release Information

The dataset provides information on the Housing Price Index, Apartment Housing Price Index, Rent Price Index and Apartment Rent Price Index for Luxembourg. It serves as an indicator of changes in the sale prices and rental prices of houses and apartments over a given period of time. Most of the mortgage loans in Luxembourg are variable rate, making the housing market sensitive to interest rate changes.

The data are provided by Observatoire de l'Habitat. The quarterly indicator prices offered in the building announcement is developed from a systematic survey during the first week of each month of vacancies advertised in newspapers, on the Internet and other sources. Each indicator (for houses and apartments) is the result of the aggregation of elementary indices calculated by stratum (size of property) and weighted according to their representation on the market. This method erases the effects of structure on indicators and monitors the effects of qualities.

The data may be subject to revisions.