MEASURING CHANGES IN LOCAL HOUSE PRICES - AN EMPIRICAL-INVESTIGATION OF ALTERNATIVE METHODOLOGIES

被引:81
作者
GATZLAFF, DH [1 ]
LING, DC [1 ]
机构
[1] UNIV FLORIDA, COLL BUSINESS ADM, DEPT FINANCE INSURANCE & REAL ESTATE, GAINESVILLE, FL 32611 USA
关键词
D O I
10.1006/juec.1994.1014
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates whether reliable house price indices can be constructed using a limited set of descriptive variables on a large number of observations. Four primary index methods are compared: (1) median sale price, (2) restricted hedonic, (3) repeat sales, and (4) the assessed-value technique. The paper examines the precision and accuracy of each of the alternative indices. (C) 1994 Academic Press, Inc.
引用
收藏
页码:221 / 244
页数:24
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