| get_rppi_ivgr | R Documentation |
Get the IVGR Sales Index
get_rppi_ivgr(quiet = FALSE, max_retries = 3L)
quiet |
Logical. If TRUE, suppresses warnings |
max_retries |
Integer. Maximum retry attempts for downloads |
The IVG-R (Residential Real Estate Collateral Value Index) is a monthly median sales index based on bank appraisals, calculated by the Brazilian Central Bank (BCB series 21340). The index estimates long-run trends in home prices using the Hodrick-Prescott filter (lambda=3600) applied to major metropolitan regions. Note: Median indices suffer from composition bias and cannot account for quality changes across the housing stock.
Tibble with columns: date, name_geo, index, chg, acum12m
Banco Central do Brasil (2018) "Indice de Valores de Garantia de Imoveis Residenciais Financiados (IVG-R). Seminario de Metodologia do IBGE."
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