Analytical house prices indicators - HOUSE_PRICES

Data - OECD

Author

François Geerolf

Last observation: Q1 2026 (N = 30) · 2025 (N = 132)

First observation: 1956 (N = 1) · Q1 1956 (N = 1)

Last data update: 12 avr. 2026, 12:21

Last compile: 24 sept. 2026, 00:19

Structure

Rent Prices - RPI

United States, Japan, Canada

Code 
HOUSE_PRICES |>
  filter(MEASURE == "RPI",
         REF_AREA %in% c("USA", "JPN", "CAN"),
         substr(obsTime, 6, 6) != "Q") |>
  add_flag_color("Ref_area") |>
  year_to_date() |>
  ggplot() + theme_minimal() + xlab("") + ylab("Rent Prices") +
  geom_line(aes(x = date, y = obsValue, color = color)) + 
  scale_x_date(breaks = seq(1900, 2100, 5) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_log10(breaks = seq(0, 600, 10),
                     labels = dollar_format(a = 1, prefix = "")) +
  scale_color_identity() + add_3flags

France, Spain, Italy

Code 
HOUSE_PRICES |>
  filter(MEASURE == "RPI",
         REF_AREA %in% c("FRA", "ITA", "ESP"),
         substr(obsTime, 6, 6) != "Q") |>
  add_flag_color("Ref_area") |>
  year_to_date() |>
  ggplot() + theme_minimal() + xlab("") + ylab("Rent Prices") +
  geom_line(aes(x = date, y = obsValue, color = color)) + 
  scale_x_date(breaks = seq(1900, 2100, 5) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_log10(breaks = seq(0, 600, 10),
                     labels = dollar_format(a = 1, prefix = "")) +
  scale_color_identity() + add_3flags

Nominal house price indices, s.a. - HPI

United States, Japan, Canada

Code 
HOUSE_PRICES |>
  filter(MEASURE == "HPI",
         REF_AREA %in% c("USA", "JPN", "CAN"),
         substr(obsTime, 6, 6) != "Q") |>
  add_flag_color("Ref_area") |>
  year_to_date() |>
  ggplot() + theme_minimal() + xlab("") + ylab("Nominal House Prices") +
  geom_line(aes(x = date, y = obsValue, color = color)) + 
  scale_x_date(breaks = seq(1900, 2100, 5) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_log10(breaks = seq(0, 600, 10),
                     labels = dollar_format(a = 1, prefix = "")) +
  scale_color_identity() + add_3flags

France, Spain, Italy

Code 
HOUSE_PRICES |>
  filter(MEASURE == "HPI",
         REF_AREA %in% c("FRA", "ESP", "ITA"),
         substr(obsTime, 6, 6) != "Q") |>
  add_flag_color("Ref_area") |>
  year_to_date() |>
  ggplot() + theme_minimal() + xlab("") + ylab("Nominal House Prices") +
  geom_line(aes(x = date, y = obsValue, color = color)) + 
  scale_x_date(breaks = seq(1900, 2100, 5) |> paste0("-01-01") |> as.Date(),
               labels = date_format("%Y")) +
  scale_y_log10(breaks = seq(0, 600, 10),
                     labels = dollar_format(a = 1, prefix = "")) +
  scale_color_identity() + add_3flags