DOAJ Open Access 2017

Repeat Assessed Values Model for Housing Price Index

Carini Manuela Ciuna Marina De Ruggiero Manuela Salvo Francesca Simonotti Marco

Abstrak

This study proposes an innovative methodology, named Repeat Appraised Price Model (RAV), useful for determining the price index numbers for real estate markets and the corresponding index numbers of hedonic prices of main real estate characteristics in the case of a lack of data. The methodological approach proposed in this paper aims to appraise the time series of price index numbers. It integrates the principles of the method of repeat sales with the peculiarities of the Hedonic Price Method, overcoming the problem of an almost total absence of repeat sales for the same property in a given time range; on the other hand, the technique aims to overcome the limitation of the repeat sales technique concerning the inability to take into account the characteristics of individual properties.

Topik & Kata Kunci

Real estate business

Penulis (5)

Carini Manuela

Ciuna Marina

De Ruggiero Manuela

Salvo Francesca

Simonotti Marco

Format Sitasi

APA MLA BibTeX

Manuela, C., Marina, C., Manuela, D.R., Francesca, S., Marco, S. (2017). Repeat Assessed Values Model for Housing Price Index. https://doi.org/10.1515/remav-2017-0027

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Informasi Jurnal

Tahun Terbit: 2017
Sumber Database: DOAJ
DOI: 10.1515/remav-2017-0027
Akses: Open Access ✓