Motivation: Our source, Brookfield Real Property Solutions, Inc., reports subnational house price indexes and values, but only in not seasonally adjusted (NSA) terms.
Response: For analytical consistency, we have created seasonally adjusted (SA) counterpart series.
Properties: The start date (January 2005) and units are identical for the two versions. Expect our SA series to be revised with each update. Supplemental series of this kind are marked in their source metadata with a secondary citation of "Moody's Analytics Adjusted." Geo coverage is the nation and 13 census metropolitan areas.
The series reside in the historical catalog (Canada » Real Estate » Residential » House prices » Brookfield RPS House Price Index - Free Series) and include, for example:
- HPIBKTXAM.ICAN = House Price Index [Transaction Weighted]: Composite, (Index Jan.2005=100, SA)
- HPLBKTXAM.ICAN = House Price Value [Transaction Weighted]: Composite, (CAD, SA)
- HPIBKTXAM.ICAN_MHFX = House Price Index [Transaction Weighted]: Composite, (Index Jan.2005=100, SA) - for Halifax
- HPLBKTXAM.ICAN_MQUC = House Price Value [Transaction Weighted]: Composite, (CAD, SA) - for Québec
Method: Adjust reported house price indices and values using the U.S. Census Bureau's X-13 ARIMA program.
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