Selection Bias in Housing Price Indexes: The Characteristics Repeat Sales Approach

The widely used repeat sales method for constructing house price indexes only uses data for properties that sell twice or more. This makes it susceptible to selection bias as price movements for these properties may not be representative of those for the stock of homes. We outline a novel approach t...

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Veröffentlicht in:	Oxford bulletin of economics and statistics 2023-06, Vol.85 (3), p.623-637
1. Verfasser:	Melser, Daniel
Format:	Artikel
Sprache:	eng
Schlagworte:	2002-2020 Florida Housing costs Immobilienbewertung Immobilienpreis Price indexes Prices Sales Selection bias Selection effects Systematischer Fehler
Online-Zugang:	Volltext
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