Investment Rating - The report does not explicitly provide an investment rating for the residential property market in Ukraine. Core Insights - The authorities in Ukraine are committed to improving the House Price Index (HPI) to enhance transparency in the real estate market and strengthen systemic risk analysis [5][10] - A technical assistance mission was conducted to develop new processes for compiling the HPI, focusing on data cleaning and capacity building for staff [4][18] - The national HPI for Ukraine shows a price change of approximately 15% over six quarters from Q1 2023 to Q2 2024 [11] Summary by Sections Summary of Mission Outcomes and Priority Recommendations - A technical assistance mission took place from July 15-19, 2024, to assist Ukrainian authorities in developing new methods for HPI compilation [4] - The mission aimed to enhance data processing capabilities and improve the accuracy of property price indices [5][6] Data Sources - The SSSU currently uses data from real estate agents and the OLX platform for compiling the HPI [19] - OLX has agreed to provide data directly to the SSSU on a quarterly basis, which will improve data availability [19] Compilation Methods - The SSSU has implemented improved methods for HPI calculation, including the use of list prices and hedonic methods for quality adjustment [34] - A new stratification of data based on NUTS regional classification has been developed, enhancing the relevance of the data [36] Recommendations - The report outlines several priority recommendations, including upskilling staff in the R statistical package and automating data processing tasks [12][33] - It is recommended to extend data coverage to include houses and gather more detailed location information for properties [32][33]
乌克兰:住宅物业价格指数(RPPI)技术援助报告访问团(2024年7月15日至19日)(英)
IMF·2024-10-28 07:50