Leading German property portal immobilienscout24.de has just started publishing a monthly property price index for Germany, dubbed “IMX”.
The index uses data from 8 million homes found on immobilienscout24.de, and the portal says around 150,000 new properties will be added each month.
IMX covers all property types and each property is classified by location. The first version of the index shows values for residential properties in Germany as a whole and the cities of Berlin, Hamburg, Munich, Frankfurt and Cologne.
Marc Stilke, immobilienscout24.de’s CEO and board chairman, said he wants the IMX to create more transparency in the market and hopes it will eventually be seen as the standard index for real estate in Germany.
Meanwhile, Swedish property portal booli.se has come out with a new broker guide section.
booli.se says the new section is the first of its kind in Sweden. It displays historical data such as market share, average price, and the number of properties for sale for each broker firm.
Broker firms’ statistics are divided into property types and areas, so users can see which brokers have the biggest market share and the highest average prices in their area for the type of property they want to sell.
“We see this as a first step in driving the transparency in the Swedish real estate business a bit further, something that we are convinced is good for all sellers, buyers and the big amount of brokers that are doing a good and honest job,” a booli.se spokesperson told propertyportalwatch.com.
