Project 'Real Estate Indicators'

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Project 'Real Estate Indicators'

01.10.2018 11:00:00

Project 'Real Estate Indicators'

In October 2018, National Statistical Institute of Bulgaria launches a project ‘Real Estate Indicators’ under European Commission Subsidy Agreement Number 801939-2017/BG/REI.

Within the project, NSI will participate in the following objective ‘Development of the sub-national dimension of the Housing Price Index’.

The general objective of the project is incorporating methodological improvements; improving data collection and production processes and introducing new data sources in area of real estate indicators.

The successful realization of the project will contribute the improvement of the quality of work in the field of housing prices indices.

The project has duration of 15 months and will end in December 2019.

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.