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EU recognises need for comparable house price indices

Posted on 17 May 2011

A draft law could see EU member states forced to publish comparable house price indices on a quarterly basis from the second quarter of next year. The bill is part of efforts to synchronise the consumer price indices of member states so that inflation can be measured more accurately in the bloc.
Despite the fact that the bill is still a long way from becoming law — still being called by its unofficial name Technical manual on owner-occupied housing for Harmonised Index of Consumer Prices because it is yet to receive a code — some are already preparing for the change. ………………………………………Full Article: Source


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