The purpose of this paper is to estimate the value of Swiss residential real estate wealth using two alternative methods: the perpetual inventory method and the income capitalization method. We also use the insured value of all residential buildings and the amount of mortgages in order to...

The measurement of house price movements is a vital topic from both academic and practical perspectives and hence has been the focus of much research. There is almost unanimous consensus in the literature that house price indexes should control for the quality of properties; the most widely used...

In this paper constant quality price indices are constructed for three categories of real estate in Geneva: apartment buildings, vacant land and condominiums. We use both the hedonic and repeat sales models to estimate the rate of price change on these three submarkets. For apartment buildings,...