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Commission Implementing Regulation (EU) 2020/1148 CHAPTER 3 — OWNER-OCCUPIED HOUSING PRICE INDEX AND HOUSE PRICE INDEX

Article 22–Article 25 · 4 articles

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Breakdown of the owner-occupied housing price index

Article 22

The OOH price index shall cover the following expenditure categories: (a) O.1. Owner-occupiers’ housing expenditures; (b) O.1.1. Acquisitions of dwellings; (c) O.1.1.1. New dwellings; (d) O.1.1.1.1. Purchases of new dwellings; (e) O.1.1.1.2. Self-build dwellings and major renovations; (f) O.1.1.2. Existing dwellings new to households; (g) O.1.1.3. Other services related to the acquisition of dwellings; (h) O.1.2. Ownership of dwellings; (i) O.1.2.1. Major repairs and maintenance; (j) O.1.2.2. Insurance connected with dwellings; (k) O.1.2.3. Other services related to ownership of dwellings.

Breakdown of the house price index

Article 23

The HPI shall cover the following expenditure categories: (a) H.1. Purchases of dwellings; (b) H.1.1. Purchases of new dwellings; (c) H.1.2. Purchases of existing dwellings.

Weights

Article 24

Each year, Member States shall compile and transmit to the Commission (Eurostat) one set of weights for OOH price indices and one set for HPIs, in the breakdowns specified in Articles 22 and 23.

Owner-occupied housing price index compilation

Article 25

The OOH price index shall be based on the ‘net acquisitions’ approach, which measures changes in prices paid by consumers for the acquisition of dwellings that are new to households and changes in other costs related to the ownership, and transfer of ownership, of dwellings.

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