Level is calculated after 1989:Q4 benchmark as the previous level, plus the unadjusted transactions, plus capital gains. The unadjusted transactions are net investment in residential structures ( FOF series FU165012665). Capital gains are calculated as the average of owner-occupied house prices ( FOF series FI075035253) and multi-family house prices ( FOF series FI075035403). Data for the past ten years show no significant seasonality.
Last edited on: 05/18/2021