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De Haan, J. (author), Van der Wal, E.B. (author), De Vries, P. (author)
The sale price appraisal ratio (SPAR) method has been applied in a number of countries to construct house price indexes. This paper reviews the statistical and index number properties of the SPAR approach. Three types of SPAR indexes are distinguished: a weighted index, which aims at tracking the price change of the stock of owner-occupied...
journal article 2009