Feasibility of monthly house price indices and price-level indicators from web-scraped data
Can web-scraped property listings help modernise European housing price statistics? This statistical working paper explores the feasibility of using asking-price data to produce monthly house price indices and price level indicators and shows that they can provide useful experimental evidence when data sources are representative, stable and well processed. It also discusses the main methodological and operational issues involved in using privately held listing data for European housing statistics.