![]() Three of these enhancements-regression kriging, mixed regressive-spatial autoregressive, and geographically weighted regression-are widely utilized spatial econometric models. Specifically, house value estimates were obtained by combining predictions from repeat sales and various hedonic regression specifications, which were enhanced to account for spatial effects. While the merits of combining these models when constructing house price indices are well documented, research on the utility of adopting the same approach for residential property valuation has not been conducted to date. Hedonic regression and repeat sales are commonly used methods in real estate analysis.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |