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Estimation of an Hedonic Price Index for Bucharest

Author

Listed:
  • Paloma Taltavull de La Paz
  • Ion Anghel
  • Costin Ciora

Abstract

Hedonic Price Index are the most significant methods of understanding the evolution of the housing market. The Romanian housing market, especially the one for Bucharest has been impacted both by conditions of financing and availability of dwellings. By following more than 15.000 transactions between 2013-2015, the purpose of this paper was to develop a hedonic price index, and through the availability of time of market values and different levels of prices before transaction, expanding the analysis of the housing market.

Suggested Citation

  • Paloma Taltavull de La Paz & Ion Anghel & Costin Ciora, 2016. "Estimation of an Hedonic Price Index for Bucharest," ERES eres2016_38, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2016_38
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2016-38
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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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