Malta - House Price Index





Malta: House Price Index

Mnemonic HPI.IMLT
Unit Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 4.16 %
Data 2019 Q1 118.53
2018 Q4 123.68

Series Information

Source National Statistics Office (NSO) - Malta
Release Property Price Index
Frequency Quarterly
Start Date 3/31/2004
End Date 3/31/2019

Release Information

This dataset consists of property price and property volume indices for Malta as provided by Malta's National Statistics Office (NSO). It contains eight active quarterly series from 2010Q1, with a base period of 2015=100.

The Property Price Index (PPI) family is based on the median price of the sample. The All-Property Index uses a Laspeyres-type formula to aggregate the three indexes, weighted by the volume of properties transacted every year. Moreover, the All-Property Index is chain-linked every year, to enable annual revision of weights.

The Property Volume Index (PVI) is based on the number of transactions. The All-Transactions Index reflects the percentage changes registered in the total number of transactions recorded by the Inland Revenue Department in the three dwelling types.

The sample includes over 1,000 transactions per quarter.  No distinction is made between new and existing properties.

Terraced house - A dwelling (within a multi-family structure) with two or more floors, with separate street access.  Vertically, it has its own airspace and no underlying structures not part of the house itself. Horizontally, it is either attached to other structures on both sides, or is a corner house on the end of a row.

Apartment - A self-contained room or suite of rooms, with a separate entrance from a common passage, landing or stairway. Includes penthouses.

Maisonette - A self-contained room or suite of rooms, with separate street access.  Vertically, is either at ground-floor level with overlying habitation, or at first-floor level with underlying habitation. A ground-floor maisonette may be classified either as a ground-floor tenement without its own airspace or as a maisonette.  (Per North American terminology, this is a "duplex," with two dwelling units.  Other countries define "maisonette" differently.)

Data is subject to revions.