Definition: Sale Price Appraisal Ratio method

Category: Housing price statistics

An approach to constructing a residential property price index which combines current period selling prices with appraisals (assessed values) pertaining to some earlier base period. http://ec.europa.eu/eurostat/product?code=KS-RA-12-022&mode=view
Source:
Eurostat, International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE), The World Bank, "Handbook on Residential Property Prices Indices (RPPIs)", Publications Office of the European Union, Luxembourg, 2013
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