In this paper, the repeat sales index methodology developed by Case and Shiller (1987) is presented and applied to the Paris residential market, using the CD-BIEN database over the 1973-2001 period. This index based on price returns is compared to the Notaires/INSEE index. The index sensitivity to the time period is tested and the index estimation is quite robust whatever the period.
BARONI, M., BARTHELEMY, F. and MOKRANE, M. (2005). Real Estate Prices: A Paris Repeat Sales Residential Index. Journal of Real Estate Literature, pp. 303-321.