International Conference on Real Estate Statistics 2026

February 19–20, 2026 (Pre-event Feb 18) / Tokyo, Japan

Overview / Program (February 18, February 19, February 20) / Organizers / Contact

Overview

Date: February 19-20, 2026 (Pre-event Feb 18)

Hosted by: International Monetary Fund(IMF), Bank for International Settlements (BIS) / Irving Fisher Committee on Central Bank Statistics (IFC), OECD, Eurostat, Bank of Japan, and Hitotsubashi University

With the support of: Statistics Bureau of Japan (SBJ), Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Japan, Reitaku University

Venue: Shinagawa Prince Hotel, Main Tower

4-10-30 Takanawa, Minato-ku, Tokyo 108-8611, Japan (Map & Direction)

The conference brings together experts from central banks, national statistical offices, and international organizations to discuss recent developments, methodological challenges, and future directions in the compilation and use of Residential and Commercial Property Price Indices (RPPI and CPPI).

Objectives of the Conference

This conference is organized as a direct continuation of the International Conference on Real Estate Statistics hosted by Eurostat in Luxembourg in 2019. The 2019 conference provided a comprehensive overview of both residential and commercial real estate statistics, covering methodological developments, data sources, and the use of real estate indicators for policy purposes. The sessions addressed key issues such as the construction of Commercial Property Price Indices (CPPI), challenges in Residential Property Price Indices (RPPI), the relationship of real estate indicators with macroeconomic statistics such as CPI and SNA, and the role of international cooperation under the G20 Data Gaps Initiative (DGI). Discussions also highlighted the importance of combining official statistics with private data, leveraging big data and digital innovation, and strengthening the comparability of real estate indicators across countries.

Building on the achievements and lessons from the 2019 conference, the 2026 International Conference on Real Estate Statistics will further deepen these discussions while also exploring new and emerging challenges. The sessions will cover a broad range of topics, including the current state and challenges of RPPIs and CPPIs, their integration into CPI and SNA, international cooperation and the progress of official statistics, as well as issues related to data sources, big data, digitalization, and innovation. In addition, the conference will introduce new perspectives by addressing the role of real estate statistics in the transition to a sustainable, environmentally conscious society and by examining their links to broader well-being indicators.

The ultimate goal of the 2026 conference is not only to consolidate the progress achieved so far but also to set the agenda for the next phase of international collaboration on real estate statistics. By bringing together statistical offices, international organizations, central banks, policymakers, academia and data providers, this meeting will pave the way toward the next international conference, ensuring continuous development of high-quality, comparable, and policy-relevant real estate statistics.

Conference Structure

The conference week consists of the following events:

• February 18 (Wednesday)
  Workshop on Property Price Indices and Real Estate Statistics Training

• February 19–20 (Thursday–Friday)
  International Conference on Real Estate Statistics
  The main conference, featuring country experiences on compilation, methodological innovations, data developments, and policy-relevant discussions.

Eligibility and Participation Policy

Participation in this conference is primarily intended for representatives from:

• Central banks
• National statistical offices
• International organizations

Participation from academia is subject to capacity constraints.
Due to restrictions associated with the use of government research funding, participation from the private sector is not permitted, and the conference is invitation-only for non-public institutions.

Registration is subject to confirmation by the organizing committee.

Registration

Participants are requested to complete the online registration form by the specified deadline.

The registration form collects information on:

• Name and affiliation
• Institution type
• Country
• Participation in individual events (Feb 17–20)
• Attendance at the conference dinner (Feb 19)
• Dietary requirements

Registration link: https://forms.gle/SpY9HbX7iW1J8oow7

Important Dates

• Registration opening: 20 December, 2025
• Registration deadline: 20 January, 2026
• Notification of registration confirmation: 30 January, 2026

Notification of Registration Confirmation

As a general principle, official members of central banks, national statistical offices, and international organizations are eligible to participate in the conference. Confirmation letters will be sent on a rolling basis upon receipt and review of registration applications.

Program

Conference Program

February 18 – Workshop on Property Price Indices and Real Estate Statistics Training

09:00–09:30 | Registration & Coffee

09:30–11:00 | RPPI Construction Training

Instructor: Barra Casey (International Monetary Fund)

Practical guidance on the construction of Residential Property Price Indices (RPPIs), including data sources, methodological choices, and common challenges faced by compilers.

[Slides]

11:00–11:15 | Coffee Break

11:15–12:45 | CPPI Construction Training

Instructors: Robert Hill (University of Graz) & Miriam Steurer (University of Graz)

Training on Commercial Property Price Indices (CPPIs), covering theoretical foundations, implementation strategies, and recent international experiences.

[Slides]

12:45–14:00 | Lunch Break

14:00–15:00 | BIS Perspectives on Property Price Statistics

Instructor: Bruno Tissot & Bianca Ligani (Bank for International Settlements)

An overview of BIS work on RPPI and CPPI, including their role in policy analysis, financial stability monitoring, and international statistical coordination.

[Slides: Bruno Tissot] [Slides: Bianca Ligani]

15:00–15:30 | Applied Case Study

Daniel Melser (Monash University)
Commercial Real Estate Price Indexes for Australia

[Slides]

15:30–16:00 | Coffee Break

16:00–17:00 | Advanced Methods and New Data

• Luke Hartigan (The University of Sydney)
  Nowcasting Transaction-Based House Price Indices Using Web-Scraped Listings and MIDAS Regression
  [Slides] [Paper]

• Ronan Lyons (Trinity College Dublin) with Tom Gillespie(University of Galway)
  How Much Do Text-Derived Quality Measures Matter? LLM Extraction and the Robustness of Residential Property Price Indices
  [Slides]
  

17:00–18:00 | Interactive Session and Open Discussion

Facilitators: Barra Casey, Robert Hill, and Miriam Steurer

An interactive session focusing on participants’ questions, practical challenges, and discussion of best practices in property price index compilation.

18:30- Welcome dinner

February 19 – Conference Day 1

08:30–09:00 | Registration & Coffee

Opening Session

09:00–9:30

Opening Remarks:

Takuji Kawamoto: Director-General, Research and Statistics Department, Bank of Japan

Keynote Address:

“Property Bubbles and Official Property Price Indices in Japan” [Slides]

Chihiro Shimizu: Hitotsubashi University (in collaboration with the Ministry of Land, Infrastructure, Transport and Tourism, Japan)

Session 1: Challenges and Overview

9:30–10:30

Chair: Ichiro Muto – Bank of Japan, Irving Fisher Committee (IFC)

• Barra Casey – International Monetary Fund [Slides]
• Bruno Tissot – Bank for International Settlements, Irving Fisher Committee (IFC) [Slides]
• Annabelle Mourougane – OECD [Slides]
• Rui Evangelista – Eurostat [Slides]

10:30–10:45 | Coffee Break

Session 2: RPPI Compilation – Country Practices and Challenges

10:45–11:45

Chair: Barra Casey – International Monetary Fund

• Compilation of Armenia’s Residential Property Price Index [Slides][Paper]
  Presenter: Tigran Baghdasaryan / Central Bank of Armenia

• The Housing Market and Housing Price Indices in South Korea [Slides]
  Presenter: Dongwoo Ko / Bank of Korea

• Is Euro-Area Monetary Policy Doomed to Overshoot? Consequences of Omitting Owner－Occupied Housing from the HICP [Slides]
  Presenter: Robert Hill & Miriam Steurer / University of Graz and Hitotsubashi University

Lunch

11:45–13:00

Session 3: RPPI Compilation – Data, Coverage, and Comparability

13:30–14:30

Chair: Naohito Abe – Hitotsubashi University

• Cleaning the Whole House: Address Reconstruction and Spatial Matching [Slides]
  Presenter: Marcell Granát / National Bank of Hungary, Eötvös Loránd University and ECB

• Development of the Philippine Hedonic Residential Property Price Index [Slides]
  Presenter: Willa Boots Tolo / Bangko Sentral ng Pilipinas

• A Timely House Price Index for Belgium [Slides] [Paper]
  Presenter: Peter Reusens / National Bank of Belgium

Session 4: CPPI Compilation – Country Practices and Challenges

14:30–15:30

Chair: Bruno Tissot – Bank for International Settlements, Irving Fisher Committee (IFC)

• CREating Indices: Developing the First Public Data-Based CPPI for France [Slides]
  Presenter: Etienne de l’Estoile / Banque de France

• Quarterly CPPIs Using Bank Transaction Data [Slides]
  Presenter: Thomas Knetsch / Deutsche Bundesbank

• Transaction-Based Commercial Real Estate Indices and the Role of Portfolio Sales [Slides]
  Presenter: Alicia N. Rambaldi / University of Queensland

Coffee Break

15:30–16:00

Session 5: CPPI Compilation – Data, Coverage, and Comparability

Chair: Robert Hill – University of Graz and Hitotsubashi University

• A Rent Index for Commercial Properties in Türkiye [Slides]
  Presenter: Duygu Konukçu Çelik / Central Bank of the Republic of Türkiye

• Property Price Indices in Indonesia: Measurement and Recent Developments [Slides][Paper]
  Presenter: Vita Rosiana Dewi (with Muhammad Azkaenza/ Bank Indonesia)

• Revisiting lead-lag relationships in commercial real estate property price indices [Slides]
  Presenter: Marc Francke / Amsterdam University

18:00- Cocktail

19:00- Conference Dinner

February 20 – Conference Day 2

09:00–09:30 | Registration & Coffee

Session 6: Data Sources, Big Data, and Innovation

9:30–10:30

Chair: Marc Francke – University of Amsterdam and Hitotsubashi University

• Advancing Housing Market Statistics in Europe Using Web-Scraped Data [Slides] [Paper]
  Presenter: Rui Evangelista / Eurostat

• Developing a Residential Property Price Index for Egypt Using Big Data Sources [Slides]
  Presenter: Kareem Tarek and Youssef Reda / Central Bank of Egypt

• Using machine learning to aggregate apartment prices: comparing the performance of different Luxembourg indices [Slides]
  Presenter: David Kremer/ Banque centrale du Luxembourg

Session 7: Methodological Innovations — Integrating Real Estate Indices into CPI and SNA

10:30–11:30

Chair: Yusuf Kenan BAĞIR – Central Bank of the Republic of Türkiye

• Land Price Index and Land–Structure Decomposition [Slides]
  Presenter: Stefan Hofbauer / Statistics Austria

• Empirical Analysis of the Impact of Age-Related Property Depreciation on Office Rents [Slides]
  Presenter: Sahoko Furuta (with Kimiaki Shinozaki / Bank of Japan)

• Spatial Heterogeneity in Price-to-Rent Ratios in Tokyo, 1986–2025 [Slides]
  Presenter: Xiangyu Guo / Tsinghua University (with Jiro Yoshida / Pennsylvania State University, Takatoshi Ito / Columbia University and Chihiro Shimizu / Hitotsubashi University)

Lunch

11:30–13:00

Session 8: Emerging Challenges in Property Price Measurement

13:30–14:30

Chair: Franz Fuerst – University of Cambridge

• Reading the News to Read the Housing Market [Slides]
  Presenter: Annabelle Mourougane / OECD

• Disseminating Globally Comparable Property Price Statistics [Slides]
  Presenter: Bianca Ligani / BIS

• Residentially Zoned Land Prices in Ireland [Slides]
  Presenter: Kieran Healy / Central Statistics Office Ireland

Session 9: Property Price Index Compilation — Practical Implementation and Lessons Learned

14:30–15:30

Chair: Kelvin Wong – University of Hong Kong

• Automating Web Data Collection for Kenya’s RPPI [Slides]
  Presenter: Lucas Robi Sagire / Kenya National Bureau of Statistics (with Archibald Macharia Gacheru/ Kenya National Bureau of Statistics)

• Development of the Bank of Thailand’s RPPI [Slides]
  Presenter: Kiattikhun Samritpiam (with Poontharik Chongprasoplarp / Bank of Thailand)

• Constructing Limited-Revisable and Stable CPPIs for Small Domains [Slides]
  Presenter: Farley Ishaak / Statistics Netherlands (CBS)

Coffee Break

15:30–16:00

Session 10: Wrap-up Panel — IMF · BIS · OECD · Eurostat · BOJ

16:00–17:00

Chair: Paul Schreyer – EsCoE and Hitotsubashi University

Panelists:

• Barra Casey – International Monetary Fund
• Bruno Tissot – Bank for International Settlements, Irving Fisher Committee (IFC)
• Annabelle Mourougane – OECD
• Rui Evangelista – Eurostat
• Ichiro Muto – Bank of Japan, Irving Fisher Committee (IFC)

Closing Remarks

Chihiro Shimizu: Hitotsubashi University

Organizers

• Chihiro Shimizu – Hitotsubashi University (Chair)
• Barra Casey – International Monetary Fund
• Bruno Tissot – Bank for International Settlements, Irving Fisher Committee (IFC)
• Kimiaki Shinozaki – Bank of Japan

Program Committee

• Niall  O’Hanlon – International Monetary Fund
• Bianca Ligani – Bank for International Settlements
• Annabelle Mourougane – OECD
• Rui Evangelista – Eurostat
• Naohito Abe – Hitotsubashi University
• Miho Kitama – Ministry of Land, Infrastructure, Transport and Tourism , Japan
• Erwin Diewert – University of British Columbia and Hitotsubashi University
• Paul Schreyer – EsCOE and Hitotsubashi University
• Robert Hill – University of Graz and and Hitotsubashi University
• Miriam Steurer – University of Graz
• Marc Francke – University of Amsterdam and Hitotsubashi University
• Franz Fuerst – University of Cambridge
• Kelvin Wong – University of Hong Kong
• Satoru Hagino – Reitaku University, Cabinet Office and Hitotsubashi University

Contact Information

For further inquiries, please contact the organizing secretariat at:
　realestate2026@edu.sds.hit-u.ac.jp

We look forward to welcoming you to Tokyo in 2026 for this important gathering of the global real estate statistics community.