A Transaction-based Hotel Property Price Index for the UK

2005 ◽  
Keyword(s):  
2016 ◽  
Vol 07 (01) ◽  
pp. 1650006 ◽  
Author(s):  
Hwee Kwan Chow ◽  
Taojun Xie

This paper investigates whether real house price appreciations can be attributed to the surge in real capital inflows into Singapore. We proxy capital flows by using the amount of Foreign Direct Investments (FDI) to real estate capturing the foreign purchases of property in Singapore which we deflate by the private residential property price index. Notwithstanding the absence of a cointegrating relationship, our results support the hypothesis that lagged short term fluctuations in capital inflows are positively associated with the growth rates of house prices over the last decade. We also provide evidence that macroprudential measures implemented by Singapore reduced the impact of capital inflows on house price appreciation by more than half, suggesting the effectiveness of such market cooling measures in weakening the credit growth channel.


2021 ◽  
Vol 19 (17) ◽  
Author(s):  
Tiong Cheng Chin ◽  
Bin Tan Yan ◽  
Fang Wong Wai ◽  
Seng Lai Kong ◽  
Yu Xuan Koh

Heritage buildings are a representation of historic features and the Malaysian culture. The intangible value of a heritage property comprises aesthetic quality, spiritual aspects, social functions, and its own uniqueness. Therefore, heritage properties have been seen to be moving away from traditional alternative investments, which are not covered by conventional real estate schemes. Additionally, the characteristics of heritage properties are expected to be seen as ‘art’, and they offer a highly beneficial diversification strategy with a relatively low correlation towards traditional assets classes. The Penang (Island) Heritage Property Price Index (PPHPPI) is estimated to be using a hedonic regression method. Based on the index, the heritage property records the highest quarterly returns and risk among the conventional assets considered in this study.


2021 ◽  
Author(s):  
Bin Chi ◽  
Adam Dennett ◽  
Thomas Oléron-Evans ◽  
Robin Morphet

Current research on residential house price variation in the UK is limited by the lack of an open and comprehensive house price database that contains both transaction price alongside dwelling attributes such as size. This research outlines one approach which addresses this deficiency in England and Wales through combining transaction information from the official open Land Registry Price Paid Data (LR-PPD) and property size information from the official open Domestic Energy Performance Certificates (EPCs). A four-stage data linkage is created to generate a new linked dataset, representing 79% of the full market sales in the LR-PPD. This new linked dataset offers greater flexibility for the exploration of house price (/m 2) variation in England and Wales at different scales over postcode units between 2011 and 2019. Open access linkage codes will allow for future updates beyond 2019.


2021 ◽  
Vol 2 ◽  
Author(s):  
Bin Chi ◽  
Adam Dennett ◽  
Thomas Oléron-Evans ◽  
Robin Morphet

Current research on residential house price variation in the UK is limited by the lack of an open and comprehensive house price database that contains both transaction price alongside dwelling attributes such as size. This research outlines one approach which addresses this deficiency in England and Wales through combining transaction information from the official open Land Registry Price Paid Data (LR-PPD) and property size information from the official open Domestic Energy Performance Certificates (EPCs). A four-stage data linkage is created to generate a new linked dataset, representing 79% of the full market sales in the LR-PPD. This new linked dataset offers greater flexibility for the exploration of house price (£/m2) variation in England and Wales at different scales over postcode units between 2011 and 2019. Open access linkage codes will allow for future updates beyond 2019.


Author(s):  
Silma Fikria Balqis ◽  
Rudi Purwono

This study aims to analyze the factors influencing the Residential Property Price Index (RPPI) from the demand and supply sides in five Asian emerging market countries. The data used are semi-annual data from the first semester of 2009 until the second semester of 2019 because this study aims to denote the impact of RPPI toward the demand and supply indicators after the global crisis in 2008. The dependent variable of this study is the RPPI, while the independent variables include the number of workers, real interest rate, economic growth, and the Real Effective Exchange Rate (REER). The Fixed Effects Model (FEM) is thus the applied method to process the data. In the end, the results indicate that all independent variables are significant toward the RPPI. The number of workers, real interest rate, and REER negatively affect the RPPI, while economic growth positively affects the RPPI.


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