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Why do house price indexes vary so much?

Posted on 20 February 2013

House price indexes come in all shapes and sizes, which can be perplexing for people uninitiated in the art of house price academia and methodology, writes David Newnes, director of LSL Property Services.
In truth, house price indexes aren’t as arcane and esoteric as they first appear. In fact, there are important differences which make some indexes considerably better than others. There are five major indices, produced by Halifax, Nationwide, LSL Property Services/Acadametrics, the Office of National Statistics (ONS), and the Land Registry…………………………………Full Article: Source


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