Commercial Housing Price Index Forecast Based on the Gray Model

ICCREM 2013 ◽  
2013 ◽  
Author(s):  
Shengdan Wang ◽  
Haiqing Shi ◽  
Jingxian Zhang
Keyword(s):  
Price Index ◽  
Housing Price ◽  
Gray Model ◽  
Housing Price Index ◽  
Commercial Housing

scholarly journals Dynamics of the US Housing Market: A Quantal Response Statistical Equilibrium Approach

Entropy ◽  
2018 ◽  
Vol 20 (11) ◽  
pp. 831 ◽  
Author(s):  
Özlem Ömer
Keyword(s):  
Housing Market ◽  
Maximum Entropy ◽  
Price Index ◽  
Housing Price ◽  
Statistical Equilibrium ◽  
Market Dynamics ◽  
Quantal Response ◽  
Housing Price Index ◽  
The Us ◽  
Equilibrium Approach

In this article, we demonstrate that a quantal response statistical equilibrium approach to the US housing market with the help of the maximum entropy method of modeling is a powerful way of revealing different characteristics of the housing market behavior before, during and after the recent housing market crash in the US. In this line, a maximum entropy approach to quantal response statistical equilibrium model (QRSE) is employed in order to model housing market dynamics in different phases of the most recent housing market cycle using the S&P Case Shiller housing price index for 20 largest- Metropolitan Regions, and Freddie Mac housing price index (FMHPI) for 367 Metropolitan Cities for the US between 2000 and 2015. Estimated model parameters provide an alternative way to understand and explain the behaviors of economic agents, and market dynamics by questioning the traditional economic theory, which takes assumption for the behavior of rational utility maximizing representative agent with self-fulfilled expectations as given.

Testing the Predictability of U.S. Housing Price Index Returns Based on an IVX-AR Model

2020 ◽  
Vol 115 (532) ◽  
pp. 1598-1619 ◽  
Author(s):  
Bingduo Yang ◽  
Wei Long ◽  
Liang Peng ◽  
Zongwu Cai
Keyword(s):  
Price Index ◽  
Housing Price ◽  
Ar Model ◽  
Housing Price Index

The Impact of Tourism, Game of Thrones and Income on Croatian Housing Prices

2021 ◽  
Author(s):  
Billie Ann Brotman
Keyword(s):  
Price Index ◽  
Housing Prices ◽  
Housing Price ◽  
Least Squares Regression ◽  
Television Show ◽  
Tourism Impact ◽  
Housing Price Index ◽  
The Republic ◽  
The Impact ◽  
Game Of Thrones

The Game of Thrones television program was widely seen throughout the world. The show acted as an advertisement for travel and home purchases in the Republic of Croatia. A hedonic least squares regression model adjusted for autocorrelation is used to consider the impact of the television show, tourist visits to the country and domestic personal income on the housing price index. The descriptive statistics and regression results suggest that the television show and tourism impact existing housing prices. Visitors to the country purchased or rented enough housing to cause demand to increase for residential properties which results in a higher housing price index. Per capita domestic income is not a significant factor influencing the housing price index for existing dwellings.

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