House Price Index
Oceania Ranking
Source: IMF
Definition of House Price Index
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has HPI of 100).
Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
---|---|---|---|---|---|
1 | New Zealand | 232.71 | 3-2023 | 1 | 239.82 |
2 | Australia | 168.9 | 3-2023 | 2 | 172.33 |
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has HPI of 100).