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REICHEL, V. SCHENKOVÁ, K.
Originální název
Determinants of housing price: data analysis of city Brno
Typ
článek ve sborníku ve WoS nebo Scopus
Jazyk
angličtina
Originální abstrakt
This paper introduces determinants of housing price in the statutory city of Brno. The aim is to present several determinants and find the model which describes the relationship between determinants and housing price. We choose three types of variables as determinants: time, location and house characteristics. For the purpose of processing this paper realized prices were analysed (for the period between 2012:Q1 and 2015:Q2) for housing units located in different districts of Brno. Those three are then variables entered into hedonic price model. Hedonic price model is estimated using the method of ordinary least square. In conclusion this contribution sets out the factors that influence the buyer's choice of new house.
Klíčová slova
housing; hedonic pricing model; OLS; price determinants
Autoři
REICHEL, V.; SCHENKOVÁ, K.
Vydáno
2. 3. 2016
ISBN
978-80-7435-636-0
Kniha
4th International Scientific Conference on Hradec Economic Days
Strany od
882
Strany do
888
Strany počet
7
BibTex
@inproceedings{BUT169851, author="Vlastimil {Reichel} and Klára {Schenková}", title="Determinants of housing price: data analysis of city Brno", booktitle="4th International Scientific Conference on Hradec Economic Days", year="2016", pages="882--888", isbn="978-80-7435-636-0" }