Commercial property prices - inventory
Overview of the characteristics of the commercial property price indicators for each jurisdiction covered.
About
The commercial property prices data set contains nominal commercial property prices for more than 20 countries at various frequencies and is updated monthly. The data differ significantly from country to country in terms of property type, covered area, compilation method and other factors.
Commercial properties include properties rented out at market prices, built for future sale, or used for the production of market goods and services. The data set includes time series on price developments of commercial land, offices, retail premises and industrial properties.
Commercial property price indicators (CPPIs) have long been seen as a useful tool for monitoring financial stability and macroeconomic developments. Yet their availability and international comparability were limited before the Great Financial Crisis. The Data Gaps Initiative (DGI) endorsed by the G20 asked the members of the Inter-Agency Group on Economic and Financial Statistics to improve the dissemination of CPPIs and to start methodological work for their compilation. The second phase of the DGI (2015–21), built on this preparatory work and recommended that international organisations enhance methodological guidance on the compilation of CPPIs, and encouraged dissemination of data on commercial property prices via the BIS website.
Methodology
Commercial property prices indicators: sources, methods and issues
Eurostat
The primary aim of this publication is to outline concepts, methods, data sources and key issues for the compilation of commercial property indicators. The report makes a first attempt at setting out the wide range of challenges linked to the measurement of commercial property.
Residential and commercial property prices - data sources
Property price series are sourced by various public and private compilers such as national statistical offices, central banks, ministries, association of real estate agents, mortgage banks and commercial data providers. This document summarises the sources of the residential and commercial property prices.
Residential and commercial property prices - data changes
This document summarises the main updates and changes to the property price statistics, including major revisions, back-calculations and the introduction of new series for residential and commercial property price data sets.
Research and publications
Recent enhancements to the BIS statistics
The BIS has been enhancing its statistical offering to support monetary and financial stability analysis, in close coordination with central banks and international organisations. Some of this work has been undertaken in the context of the Data Gaps Initiative (DGI) endorsed by the G20. In the current issue of the Quarterly Review, the BIS is introducing new statistics in the following areas: - Detailed locational banking statistics shedding further light on the geography of international banking, specifically the claims and liabilities of banks in each ...
