Indices des ventes répétées et modification de l'environnement immobilier

Bernard Thion, Philippe Favarger and Martin Hoesli

Revue d'économie régionale et urbaine, 2001, vol. décembre, issue 5, 809-830

Abstract: An important objective in the construction of real estate price indices is the creation of sub-indices by region or by neighbourhood. Environmental changes such as the improvement in the accessibility of a neighbourhood will result in different price changes across neighbourhoods. It is important that an appropriate method be selected for constructing such indices. One such method is the repeat sales method which has the advantage that it does not require the attributes of properties. In this paper, we construct an index of a particular house type in Bordeaux (the « échoppes ») for the period 1985-1997. This index shows steady price increases even during the bearish real estate markets of the early 1990s. When the city is divided into two regions, differences in price changes are observed. Classification JEL : D4, R31, R14.

Keywords: real estate indices; environment; repeat sales method (search for similar items in EconPapers)
JEL-codes: D4 R14 R31 (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=RERU_015_0809 (application/pdf)
http://www.cairn.info/revue-d-economie-regionale-et-urbaine-2001-5-page-809.htm (text/html)
free

Related works:
Working Paper: Indices des ventes repetees et modification de l'environnement immobilier (2001)
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:cai:rerarc:reru_015_0809

Access Statistics for this article

More articles in Revue d'économie régionale et urbaine from Armand Colin
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().