Regulatory Alerts2018-05-24
Residential Property Price Index Technical Note
The National Bank of Moldova issues this technical note to detail the methodology for its Residential Property Price Index, which tracks price evolution in Chisinau. The index aggregates primary and secondary market data using quarterly web-scraped listings and Land Registry weights, applying a characteristics hedonic model to adjust for quality changes. It is disseminated quarterly with annual chaining to the 2019 base period to ensure consistent measurement of pure price trends.
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