Title :
The application of repeated sales model to calculating house price index among small cities
Author :
Feng Yajuan ; Gong Tingting
Author_Institution :
Coll. of Bus. Adm., Liaoning Tech. Univ., Huludao, China
Abstract :
Real estate industry has been increasingly important in recent years. Therefore, to explore a more effective way to calculate house price index that accurately reflects the market becomes a hot topic among scholars both domestic and aboard in recent years[1]. This paper aims at finding an effective method to calculate the house price index for small and medium-sized cities.
Keywords :
economic indicators; pricing; property market; sales management; town and country planning; house price index; real estate industry; repeated sales model; small and medium-sized city; Cities and towns; Data collection; Economics; Educational institutions; Indexes; Industries; Vectors; application Fundamental theory on Repeated Sales Model (RSM for short.); house price index; repeated sales model;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2013 6th International Conference on
Conference_Location :
Xi´an
Print_ISBN :
978-1-4799-3985-5
DOI :
10.1109/ICIII.2013.6703622
