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Hedonic house price indices adjust the average sales prices for the change in the quality of the property sold over time. This paper proposes a framework to disentangle the contribution of each individual dwelling characteristic to this quality change. We apply our framework to a unique dataset...
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"Spatial thinking" is increasingly popular in housing market studies and spatial dependence across properties has been widely investigated in the intra-city housing market. The contribution of this paper is to study the spatial dependence and spillover effect of house prices from an interurban...
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Chapter 1 Estimation and Applications of the Hedonic Function of Housing -- Chapter 2 Imperfect information and varying homeownership investments: utilizing deviation from the rational expectations price -- Chapter 3 Appropriate Housing Valuation using Hedonic Price Function and Promoting...
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