Statistical Measurement of Temporal Changes in House Prices for Italy

To reduce the information gap regarding the change in house prices in Italy over time, the National Institute of Statistics with the assistance of the Cadastral and Land Registration Agency and the Revenue Agency, has developed a project to publish House Price Indices. The project evolved during an experimental phase using the fiscal agencies’ administrative records. In addition to the experimental results, this paper presents the technical/methodological developments that led to the definition of a statistical procedure for the systematic production of house price indices for residential property using data deriving from deeds of sales.

Orietta Patacchia, Mauro Politi