IMPORTANCE OF REAL ESTATE PRICE INDEX

IMPORTANCE OF REAL ESTATE PRICE INDEX

Real estate price index is a relative index (in %), reflecting the trend and volatility of real estate transaction prices over time.

The real estate price index is calculated based on a representative portfolio of real estate items traded on the market during a given period. A representative real estate item catalog is used to collect periodic prices for real estate indexing.

The weight of the real estate price index is the proportion (in %) of the real estate transaction value of the respective commodity groups to the total value of real estate traded on the market. The weights are used fixed for 5 years

Real estate index is a statistical criterion, reflecting the trend and volatility of real estate. The real estate price index is an important economic statistical indicator for the state management of the economy - society. Moreover, information on real estate prices. Real estate index is of interest to investors and consumers. In particular, the real estate price index is one of the important indicators of countries. Used to analyze fluctuations in real estate values ​​locally and nationally. In order to have a basis in issuing policies to develop stably this potential market.

Contributing to solving social-security problems in the locality.

SunValue with more than 20 years of experience in the field of appraisal with many strengths:

About technology:

  • Pioneering in applying AI technology in appraisal of prices, helping to monitor real estate price fluctuations with quick implementation, quality and reasonable prices.
  • Building technology-based governance in customer care, smart work management, distribution of records in appraisal activities, etc.
  • Application and implementation of online sales and business activities and the application of technologies in the implementation of marketing activities and market development.
  • Especially after more than 5 years of efforts to improve, digitize processes and use technology (AI), the Company has built a price index suitable for the real estate market for the purpose of risk management in business activities. appraisal activities to serve partners, notably the Bank.

About the office system:

  • The supply chain management system with an extensive network of more than 40 branches, transaction offices nationwide and representative offices in the USA meets the appraisal needs of customers in the most timely and fastest way.
  • With an effort to build and perfect its own database system along with the inheritance of 20 years of operation of Hoang Quan Appraisal, it has and will develop with more than 50 branches and transaction offices across the country. country and 2 representative offices in USA and Australia

In addition to the above strengths, Hoang Quan Appraisal Co., Ltd also cooperates with the Department of Construction of Ho Chi Minh City to advise on the real estate market price index in the third quarter, the fourth quarter and the whole year of 2013 in the city. Ho Chi Minh City.

 We are the only valuation company trusted by the Department of Construction to assign the task of collecting, processing and analyzing data to build a real estate price index in 2013 in Ho Chi Minh City. 

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