The Quality of Real Estate Data: The Italian Case

Francesca Battaglia, Claudio Porzio and Gabriele Sampagnaro

Chapter 8 in Asset Pricing, Real Estate and Public Finance over the Crisis, 2013, pp 129-151 from Palgrave Macmillan

Abstract: Abstract The chapter1 discusses issues concerning the quality of property data from different sources and resulting implications for market participants. It is divided into two sections. In the first section, we discuss the nature and availability of property data for the Italian market. Our initial exploration of the quality and accessibility of some domestic data documents the presence of many property data sources, each of which uses different methods of data collection. The high number of data sources and their methodological heterogeneity produce excessive data discrepancies, hardly compatible with efficient research and professional investment processes. Using a set of longitudinal aggregated property values, we proceed to estimate the level of uniformity of data using correlation and cointegration analysis.

Keywords: Real Estate; Asset Class; Real Estate Investment; Cointegration Analysis; Augment Dickey Fuller Test (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-29377-0_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137293770

DOI: 10.1057/9781137293770_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().