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House Price Index
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR). United States FHFA/OFHEO The US Federal Housing Finance Agency (formerly Office of Federal Housing Enterprise Oversight, a.k.a. OFHEO) publishes the HPI index, a broad quarterly measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties in 363 metropolises. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975. Since the HPI index only includes houses with mortgages within the conforming amount limits, the index has a ...
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S&P Home Price Index
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, '' Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Lu ...
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Secretary Of State For The Environment
The Secretary of State for the Environment was a UK cabinet position, responsible for the Department of the Environment (DoE). This was created by Edward Heath as a combination of the Ministry of Housing and Local Government, the Ministry of Transport and the Ministry of Public Building and Works on 15 October 1970. Thus it managed a mixed portfolio of issues: housing and planning, local government, public buildings, environmental protection and, initially, transport – James Callaghan gave transport its own department again in 1976. It has been asserted that during the Thatcher government the DoE led the drive towards centralism, and the undermining of local government.Peter Hennessy, ''Whitehall'' p.439 Particularly, the concept of 'inner cities policy', often involving centrally negotiated public-private partnerships and centrally appointed development corporations, which moved control of many urban areas to the centre, and away from their, often left-wing, local authoriti ...
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Consumer Price Index
A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. Overview A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e. adjust for the effect of inflation) the real value of wages, salaries, and pensions; to regulate prices; and to deflate monetary magnitudes to show changes in real values. In most ...
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Wholesale Price Index
The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. Some countries (like the Philippines) use WPI changes as a central measure of inflation. But now India has adopted new CPI to measure inflation. However, United States now report a producer price index instead. It also influences stock and fixed price markets. The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. This helps in analyzing both macroeconomic and microeconomic conditions. Calculation The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available. The commodities chosen for the ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit fa ...
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National Housing Bank
National Housing Bank (NHB), is the apex regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India. It was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB is the apex financial institution for housing. NHB has been established with an objective to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support incidental to such institutions and for matters connected therewith. The Finance Act, 2019 has amended the National Housing Bank Act, 1987. The amendment confers the powers of regulation of Housing Finance Companies (HFCs) to the Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Governm ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ...
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Economic And Social Research Institute
The Economic and Social Research Institute is an Irish research institute founded in 1960 to provide evidence-based research used to inform public policy debate and decision-making. The research of the institute focuses on the areas of sustainable economic growth and social progress. Alan Barrett is the Director of the institute. History The institute was founded in 1960 by a group of senior academics and public servants, led by T. K. Whitaker, Secretary of the Department of Finance. While conducting an economic study of Ireland, Whitaker became aware of the necessity for an independent research organisation to conduct analysis of data using up-to-date quantitative techniques in order to make the data useful for public policy makers. The US-based Ford Foundation provided seed funding to establish the Economic Research Institute in 1960. In 1966 the remit of the institute was expanded to include social research and the name changed to Economic and Social Research Institute ...
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Permanent TSB
Permanent TSB Group Holdings plc, formerly Irish Life and Permanent plc is a provider of personal financial services in Ireland. Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank in 2001. The group has no connection to the UK's TSB Bank. History The bank is historically derived from three different companies: * Irish Life Assurance * Irish Permanent Building Society * Trustee Savings Bank (no relation to the British bank of the same name) Irish Life Assurance plc (founded 1939) and the Irish Permanent Building Society (founded 1884) merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank (founded 1816) in 2001. Irish Life Assurance Irish Life was a life assurance company created in 1939 with state assistance and concentrated on life assurance and investment products. * The City of Dublin As ...
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Central Statistics Office (Ireland)
The Central Statistics Office (CSO; ga, An Phríomh-Oifig Staidrimh) is the statistical agency responsible for the gathering of "information relating to economic, social and general activities and conditions" in Ireland, in particular the National Census which is held every five years. The office is answerable to the Taoiseach and has its main offices in Cork.The Director General of the CSO is Pádraig Dalton. History The CSO was established on a statutory basis in 1994 to reduce the number of separate offices responsible for collecting statistics for the state. The CSO had existed, as an independent ad hoc office within the Department of the Taoiseach since June 1949, and its work greatly increased in the following decades particularly from 1973 with Ireland joining the European Community. Previous to the 1949 reforms, statistics were collected by the Statistics Branch of Department of Industry and Commerce on the creation of the Irish Free State in 1922. The Statistics Bra ...
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Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 Counties of Ireland, counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is Countries of the United Kingdom, part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a Unitary state, unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President of Ireland, President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, liter ...
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Rightmove
Rightmove plc is a UK-based company which runs rightmove.co.uk, the UK's largest online real estate property portal. Rightmove is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History Rightmove was incorporated on 16 May 2000 and it launched its website, rightmove.co.uk, in July 2000. Rightmove's founding shareholders were Countrywide plc, Halifax, Royal & Sun Alliance and Connells. Rightmove was first listed on the London Stock Exchange on 15 March 2006 at which time it became ''Rightmove plc''. In 2007 Rightmove bought 67% of ''Holiday Lettings Limited''. In May 2008, HBOS, one of the founding investors, sold its stake in Rightmove. According to Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ..., Rightmove operates on a two-si ...
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