Real estate data and analytics company Radar Logic Inc. has partnered with a property research institute in France to track housing prices in Paris and its suburbs.
Radar Logic’s RPX IEIF Paris Metropolitan Area (MA) price index is the first of several new home-price indexes Radar Logic plans to offer in major European metro areas in conjunction with its partner, the Institut de l’Epargne Immobilière et Foncière (IEIF), the company said.
The RPX IEIF Paris MA price is now published daily on the Radar Logic and IEIF websites, and is also available from Bloomberg.
The price, expressed in euros per square meter, is based on closing prices in housing transactions during a moving 28-day period using data provided by the public notaries that certify housing transactions in France.
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