000 01507cam a2200265 4500
001 ABS66611
008 030416n2003 000 0 eng u
035 _a(Sirsi) u122017
100 _aNorwood, G.
245 _aHow's the market? - ask the public sector
260 _c2003
490 _aEstates Gazette
_v(0315) 12 April 2003, 124-125(2)
520 _aPreviews the new ODPM monthly "National statistics house price index" which will be launched in September 2003. ODPM claims it will be the definitive picture of the UK housing market. The new index will include mortgaged properties bought by first-time buyers, owner-occupiers and buy-to-let investors (about 75% of all purchases), a target of at least 30 000 purchase completions (about one third of a typical month's total) and an annually calculated weighting accounting for regional variations. It will exclude cash purchased properties, re-mortgages and purchases of properties by sitting tenants. Looks at the strengths and deficiencies of the proposed new product and makes some comparisons with existing commercial and official house price indices.
590 _aABS
650 _aHOUSE PRICE INDICES
650 _aCOMPLETIONS
650 _aREMORTGAGES
650 _aHALIFAX HOUSE PRICE INDEX
650 _aNATIONWIDE HOUSE PRICE INDEX
650 _aODPM HOUSE PRICE INDEX
650 _aSTATISTICS
650 _aRESIDENTIAL PROPERTY
_96266
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942 _n0
999 _c72511
_d72511