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Valuation smoothing without temporal aggregation

By: Contributor(s): Language: English Series: Journal of Property Research ; 15(2) June 1998, 89-103(15)Publication details: 1998Subject(s): Summary: 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.

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.