The SPAR index and some alternative house price indices
This paper discusses various ways to compute house price indices and compares them to the SPAR index that is currently used by Statistics Netherlands.
Various methods are described to compute house price indices based on hypothetical selling prices. A hypothetical selling price of a house is an estimate of the price it would have fetched when it would have been sold in another month. The SPAR index that is currently used by Statistics Netherlands emerges among the indices that are derived.