Estimating housing market value using regression models
||Rodríguez, José Ángel; Caballer, Vicente and Ramos, Maria dos Anjos
||Estimating housing market value using regression models
||8th European Real Estate Society Conference (26-29 June 2001) Alicante, Spain
||The aim of this paper is to determinate the contribution of economic, demographic and climatologic variables in the Spanish housing market value (both new and second-hand market), with data of the different provinces. Starting from housing dealing prices grouped together by regions, and using regression analysis, we obtain as a result explanatory equations of price with a high determination coefficient. In this work we also estimate other variables such as provincial capital index and inter-provincial dispersal index. This one, uses estimations concerning autonomous regions in order to calculate housing market value in the provinces.
||Real estate valuation, multiple regression models, market research
||file.pdf (128,867 bytes)
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||Housing prices and Price Index II
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