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CoreLogic RP Data daily index

10 Mar 2015
Description

The CoreLogic RP Data Daily Home Value Index aims to measure daily movements in the value of Australian housing markets. Rather than relying solely on transacted sale prices to provide a measure of housing market conditions, the CoreLogic RP Data Daily Home Value Index is based on a ‘hedonic’ methodology which includes the attributes of properties that are transacting as part of the analysis.

Understanding factors such as the number of bedrooms and bathrooms, the land area and the geographic context of the property allows for a much more accurate analysis of the true value of movements across specific housing markets. This method also allows for compositional change in consumer buying patterns when measuring capital gains.

Publication Details
Published year only: 
2015
55
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