Presentations at an Academic or Professional conference (2003)
Which Capital Growth Index for the Paris Residential Market?
Two repeat sales indices for the Paris and close surrounding, established from the CD-BIEN database, are compared to different existing indices: (i) the square metre index provided by the Chambre des Notaires de Paris and INSEE, (ii) the IPD indices, (iii) the listed real estate index. Our conclusions yield interesting implications concerning capital real estate risk and suggest the construction of jointly using the repeat sales and the factorial approaches.
BARONI, M., BARTHELEMY, F. and MOKRANE, M. (2003). Which Capital Growth Index for the Paris Residential Market?