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Does the central bank in the country you have chosen include house prices (or equivalent) in the measure of inflation which underpins their inflation-targeting regime? If not, then what is their justification?

Did a house price boom proceed the most recent recession?
Does the central bank in the country you have chosen include house prices (or equivalent) in the measure of inflation which underpins their inflation-targeting regime? If not, then what is their justification?
Does the data you have collected suggest their choice (of whether to include house prices or not) has impacted their ability to fulfill their mandate (i.e. keep the economy at target)?
Using central bank websites to collect data on monthly policy rates and mortgage rates between 2000 and 2012, plot the data on graphs, and comment on the banking mark-up: does it change over time? How? Why?


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