Valuation smoothing without temporal aggregation
Brown, G.
Valuation smoothing without temporal aggregation - 1998 - Journal of Property Research 15(2) June 1998, 89-103(15) .
Examines through a ten year study of 30 properties valued monthly, how there is a great deal of volatility in the smoothing parameters used. Identifies how this can be reduced by up to 60 per cent, and draws conclusions for current indices configuration.
PROPERTY INDICES
PROPERTY PERFORMANCE MEASUREMENT
PROPERTY RETURNS
PROPERTY YIELDS
VALUATION METHODS
VALUATION SMOOTHING
Valuation smoothing without temporal aggregation - 1998 - Journal of Property Research 15(2) June 1998, 89-103(15) .
Examines through a ten year study of 30 properties valued monthly, how there is a great deal of volatility in the smoothing parameters used. Identifies how this can be reduced by up to 60 per cent, and draws conclusions for current indices configuration.
PROPERTY INDICES
PROPERTY PERFORMANCE MEASUREMENT
PROPERTY RETURNS
PROPERTY YIELDS
VALUATION METHODS
VALUATION SMOOTHING