Real Estate values in Low Dynamic Markets: proximity effects

The identification of residential submarkets is of great interest for the correct planning of housing policy. In addition, in recent years increasing demand for more detailed spatial statistical information that requires increasingly specific territorial subsets has emerged. The aim of this paper i...

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Main Authors: Isidora Barbaccia, Erika Ghiraldo, Maurizio Festa
Format: Article
Language:English
Published: Agenzia delle Entrate 2012-12-01
Series:Territorio Italia
Subjects:
Online Access:http://www.agenziaentrate.gov.it/wps/wcm/connect/62fa88804fa194bdb7d4b736409091e6/eng_Real+Estate+values+in+Low.pdf?MOD=AJPERES&CACHEID=62fa88804fa194bdb7d4b736409091e6
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author Isidora Barbaccia
Erika Ghiraldo
Maurizio Festa
author_facet Isidora Barbaccia
Erika Ghiraldo
Maurizio Festa
author_sort Isidora Barbaccia
collection DOAJ
description The identification of residential submarkets is of great interest for the correct planning of housing policy. In addition, in recent years increasing demand for more detailed spatial statistical information that requires increasingly specific territorial subsets has emerged. The aim of this paper is to define an aggregation of municipalities characterized by homogeneity in terms of trends and levels of house prices. The empirical analysis is carried out in a first phase using tools of descriptive statistics, global and local econometric spatial indices, and regressive techniques to create a set of useful indicators. In the second phase, a clustering method is applied to define the final groups.
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spelling doaj.art-6d6502e948fd4617bd2b0442e11c4c2c2022-12-21T20:16:08ZengAgenzia delle EntrateTerritorio Italia2240-77072499-26742012-12-0120122/123562Real Estate values in Low Dynamic Markets: proximity effectsIsidora Barbaccia0Erika Ghiraldo1Maurizio Festa2Agenzia del TerritorioAgenzia del TerritorioAgenzia del TerritorioThe identification of residential submarkets is of great interest for the correct planning of housing policy. In addition, in recent years increasing demand for more detailed spatial statistical information that requires increasingly specific territorial subsets has emerged. The aim of this paper is to define an aggregation of municipalities characterized by homogeneity in terms of trends and levels of house prices. The empirical analysis is carried out in a first phase using tools of descriptive statistics, global and local econometric spatial indices, and regressive techniques to create a set of useful indicators. In the second phase, a clustering method is applied to define the final groups.http://www.agenziaentrate.gov.it/wps/wcm/connect/62fa88804fa194bdb7d4b736409091e6/eng_Real+Estate+values+in+Low.pdf?MOD=AJPERES&CACHEID=62fa88804fa194bdb7d4b736409091e6residential submarketsreal estate pricescluster analysisspatial autocorrelation
spellingShingle Isidora Barbaccia
Erika Ghiraldo
Maurizio Festa
Real Estate values in Low Dynamic Markets: proximity effects
Territorio Italia
residential submarkets
real estate prices
cluster analysis
spatial autocorrelation
title Real Estate values in Low Dynamic Markets: proximity effects
title_full Real Estate values in Low Dynamic Markets: proximity effects
title_fullStr Real Estate values in Low Dynamic Markets: proximity effects
title_full_unstemmed Real Estate values in Low Dynamic Markets: proximity effects
title_short Real Estate values in Low Dynamic Markets: proximity effects
title_sort real estate values in low dynamic markets proximity effects
topic residential submarkets
real estate prices
cluster analysis
spatial autocorrelation
url http://www.agenziaentrate.gov.it/wps/wcm/connect/62fa88804fa194bdb7d4b736409091e6/eng_Real+Estate+values+in+Low.pdf?MOD=AJPERES&CACHEID=62fa88804fa194bdb7d4b736409091e6
work_keys_str_mv AT isidorabarbaccia realestatevaluesinlowdynamicmarketsproximityeffects
AT erikaghiraldo realestatevaluesinlowdynamicmarketsproximityeffects
AT mauriziofesta realestatevaluesinlowdynamicmarketsproximityeffects