Author/Authors
YAYAR, Rüştü Gaziosmanpaşa Üniversitesi - Iktisadi ve Idari Bilimler Fakultesi (İİBF) - İktisat Bölümü, Turkey , KARACA, Süleyman Serdar Gaziosmanpaşa Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İşletme Bölümü, Turkey
Title Of Article
Determining Factors Effecting Housing Prices With Hedonic Model: A Case of TR83 Region
شماره ركورد
44458
Abstract
In the study, there has been researched the contribution of each variable that has been efficient on determination of flats taking place in TR83 Region upon the marginal effect and sale price. While carrying out this, there has been dealt primarily with physical, environmental features and housing market features of the flat. Secondly, there has been prepared a questionnaire based upon the definition identified to the house including flat properties. It has been performed through interviewing to the estate agents face to face in TR83 region. Acquired data have been analyzed by the help of the log-linear model that is used in hedonic pricing model. As a result of analysis, 21 of the 32 variables included in the model are statistically significant at 10% significance level. While 13 variables with significant affect positively housing prices, 8 variables negatively affect. The most important variables affected flats prices were determined as positively number of bathrooms, number of lifts, being on a boulevard and having central heating, and negatively being flat in city center of Corum, using fıel-oil and being first floor
From Page
509
NaturalLanguageKeyword
Housing marketing , hedonic theory , hedonicpricing model
JournalTitle
Ege Academic Review (EAR)
To Page
518
JournalTitle
Ege Academic Review (EAR)
Link To Document