A new approach for constructing home price indices: The pseudo repeat sales model and its application in China

This paper develops a “pseudo repeat sale” estimation sample construction procedure (ps-RS) to construct more reliable and less biased quality-controlled price indices for newly-constructed homes. The method may be useful wherever new housing development is of sufficiently large scale and homogeneou...

Full description

Bibliographic Details
Main Authors: Zheng, Siqi, Liu, Hongyu, Guo, Xiaoyang, Geltner, David M
Other Authors: Massachusetts Institute of Technology. Department of Urban Studies and Planning
Format: Article
Language:en_US
Published: Elsevier 2017
Online Access:http://hdl.handle.net/1721.1/111137
https://orcid.org/0000-0002-1024-7555