Housing Price Indices in India

摘要: The housing activity in the country, high already, is expected to further accelerate next few years, mainly because government has already announced that it committed provide a house for all by 2022. increased will impact markets as change price affects households’ perceived lifetime wealth and hence influences spending borrowing decisions of households. Further, gains increase collateral credits. potential two-way link between bank lending prices give rise mutually reinforcing cycles credit real estate markets. increasing dominance sector necessitated setting up mechanism which could track movement residential segment. Therefore, becomes necessary prepare an accurate measure aggregate price, despite limited availability data, order understand behavior their influence on economy. To about prices, important indices. In India, NHB RBI construct release index each, RESIDEX HPI, respectively. case both indices there are number problems.