Most existing house price index construction methods are developed mainly based on transaction data from the secondary housing market, and are not necessarily suitable for the nascent housing markets where a predominant portion of housing transactions are new units. Using the booming market in...

Understanding the within-city house price distribution, heterogeneity and diffusion is essential for understanding the dynamics of city-level housing markets, but these issues have not been thoroughly investigated. In this paper, we construct a constant-quality spatiotemporal house price index...