Every house is different. It is important that house price indexes take account of these quality
differences. Hedonic methods which express house prices as a function of a vector of …

This chapter reviews the evidence of predictability in US residential and commercial real
estate markets. First, we highlight the main methodologies used in the construction of real …

This paper investigates whether energy performance ratings, as measured by mandatory
Energy Performance Certificates (EPCs), are reflected in the sale prices of residential …

This study uses the opening of the new Circle Line (CCL) in Singapore as a natural
experiment to test the effects of urban rail transit networks on non-landed private housing …

We maintain that the appropriate definition of submarkets depends on the use to which they
will be put. For mass appraisal purposes, submarkets should be defined so that the accuracy …

I use standard error‐correction models and long‐horizon regression models to examine how
well the rent–price ratio predicts future changes in real rents and prices. I find evidence that …

Evaluating the impact of public mass transit systems on real-estate values is an important
application of the hedonic price model (HPM). Recently, a mathematical transformation of …

While filtering has long been considered the primary mechanism by which markets supply
low-income housing, direct estimates of that process have been absent. This has contributed …

Valuations of entrepreneurial companies are only observed occasionally, albeit more
frequently for well-performing companies. Consequently, estimators of risk and return must …

Liquidity in private asset markets is notoriously variable over time. Therefore, indices of
changes in market value that are based on asset transaction prices will systematically reflect …