A Study of Property Valuations in Relation to Market Prices and the Characteristics of Properties
Using data on some 1400 properties in Sydney, Australia, the paper examines the extent to which valuations reflect market prices and the characteristics of properties. Valuations of houses are found to be poorly related to market prices. Furthermore, although valuations of houses can be explained in...
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Veröffentlicht in: | The Economic record 1979-12, Vol.55 (4), p.328-338 |
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Format: | Artikel |
Sprache: | eng |
Online-Zugang: | Volltext |
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