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Macronomics: The Residex, a Housing Price Index, In Charts

The National Housing Bank (NHB) publishes an index of housing prices, called the Residex. This is available per-city, and has about 26 cities in there. We have five year price history of only 15 cities and 11 have recently been added.

The methodology involves price collection using private agencies, real estate agents, home loan information on prices from housing finance companies and banks etc. The data is collected and then a weighted average price index is calculated.

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