Residential Property Prices for Russian Federation
QRUN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
213.01
Year-over-Year Change
40.83%
Date Range
1/1/2001 - 1/1/2025
Summary
The Residential Property Prices for Russian Federation index tracks changes in residential real estate prices across the country. This metric is crucial for economists and policymakers to monitor housing market trends and assess the impact on consumers and the broader economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index, published by the Bank for International Settlements (BIS), measures the price changes of residential properties in Russia. It serves as an important indicator of housing affordability, construction activity, and consumer confidence, which are key drivers of economic growth.
Methodology
The data is collected through surveys of real estate transactions and compiled into a composite index.
Historical Context
Residential property prices are closely watched by central banks and government agencies for insights into inflation, consumer spending, and financial stability.
Key Facts
- The index uses 2015 as the base year.
- Prices have risen by 25% since 2015.
- The housing market is a key driver of Russia's economic performance.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Russian Federation index tracks changes in the prices of residential real estate across the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for monitoring housing market trends and assessing the impact on consumers and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate transactions and compiled into a composite index.
Q: How is this trend used in economic policy?
A: Residential property prices are closely watched by central banks and government agencies for insights into inflation, consumer spending, and financial stability.
Q: Are there update delays or limitations?
A: The index is published regularly, but there may be some delays in data reporting.
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Citation
U.S. Federal Reserve, Residential Property Prices for Russian Federation (QRUN628BIS), retrieved from FRED.