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New Estimates: Australia - HPI
Friday, 21 Feb 2020 12:42 ET
By Kylie Myers
Summary
February 2020 -- To facilitate international analysis, Moody's Analytics has estimated a residential price index in nominal and real terms, with a standardized base period, for Australia (two new quarterly series from 1980).
Detail

Motivation: For Australia, we obtain a house price index from CoreLogic Australia. It is reported using a base year of 31 December 2009, and only in current-price (nominal) terms.

Response: For international consistency, we (a) rebased the series to our common base year (2010), and (b) produced a constant-price (real, deflated) version.

Properties

  • Measurements:
    • Volume index relative to 2010 (Vol. Index 2010=100)
    • Value index relative to 2010 (Index 2010=100)
  • Adjustment: Seasonally adjusted (SA)
  • Native frequency: Quarterly
  • Start date: 1980Q1
  • Geo coverage: Country

The series reside in the historical catalog:

and are:

  • RHPI$Q.IAUS = House price index, (Vol. Index 2010=100, SA)
  • RHPIQ.IAUS  = House price index, (Index 2010=100, SA)

Method: Please refer to the background documentation in Mnemonic 411.

See also

Other
Related ReleaseHouse Price Index
SourceMoody's Analytics (ECCA)
FrequencyQuarterly
GeographyAustralia