Internet-Based Hedonic Indices of Rents and Prices for Flats: Example of Berlin

Konstantin Kholodilin () and Andreas Mense

No 1191, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for investigating the dynamics of rents/prices and for examining their distribution by city districts or regions.

Keywords: Internet ads; home rents; home prices; German regions; Berlin; hedonic approach (search for similar items in EconPapers)
JEL-codes: C21 O47 R11 (search for similar items in EconPapers)
Pages: 21 p.
Date: 2012
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (4)

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