scholarly journals Construction of Housing Price Index for Second-Generation New Towns and Nearby Areas in Seoul Metropolitan Area

2019 ◽  
Vol 5 (2) ◽  
pp. 17-41
Author(s):  
Eui-Hyun Song ◽  
Kyung-Min Kim
Keyword(s):  
Metropolitan Area ◽  
Price Index ◽  
Second Generation ◽  
Housing Price ◽  
New Towns ◽  
Housing Price Index ◽  
Seoul Metropolitan Area

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
Sign in / Sign up

Export Citation Format

Share Document