Property valuation and the structure of urban housing markets
Watkins, C.
Property valuation and the structure of urban housing markets - 1999 - Journal of Property Investment and Finance 17 (2) February 1999, 157-169(10) .
Study comparing the performance of two forms of multiple regression analysis (MRA) in property valuation, one `traditional` and one that takes into account the existence of submarkets for different dwelling types. The second has significantly lower (weighted) standard error. Proposes a two stage model to the application of MRA techniques to residential valuation.
EQUATIONS
HEDONIC PRICING
HOUSING MARKET
MULTIPLE REGRESSION ANALYSIS
PROPERTY VALUATION
SEGMENTATION
SUBMARKETS
Property valuation and the structure of urban housing markets - 1999 - Journal of Property Investment and Finance 17 (2) February 1999, 157-169(10) .
Study comparing the performance of two forms of multiple regression analysis (MRA) in property valuation, one `traditional` and one that takes into account the existence of submarkets for different dwelling types. The second has significantly lower (weighted) standard error. Proposes a two stage model to the application of MRA techniques to residential valuation.
EQUATIONS
HEDONIC PRICING
HOUSING MARKET
MULTIPLE REGRESSION ANALYSIS
PROPERTY VALUATION
SEGMENTATION
SUBMARKETS