A New Hedonic Regression for Real Estate Prices Applied to the Singapore Residential Market
This paper develops a new hedonic method for constructing a real estate price index that utilizes all transaction price information that encompasses both single-sale and repeat-sale properties. The new method is less prone to specification errors than standard hedonic methods and uses all available...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1603 https://ink.library.smu.edu.sg/context/soe_research/article/2602/viewcontent/19_2014.pdf |
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| Institution: | Singapore Management University |
| Language: | English |