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Measuring Western Australian House Prices: Methods and Implications

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  • Callum Jones

    (UWA Business School, The University of Western Australia)

Abstract

This paper investigates models of house price measurement with a particular focus on the hybrid hedonic repeat-sales model. It examines different ways to model house price changes and outlines a method of estimating the hybrid measure. After describing the models, the paper applies Western Australian house sales data to the outlined models and draws some conclusions as to the relative attractiveness of the hybrid measure.

Suggested Citation

  • Callum Jones, 2009. "Measuring Western Australian House Prices: Methods and Implications," Economics Discussion / Working Papers 09-10, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:09-10
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    File URL: https://www.business.uwa.edu.au/__data/assets/pdf_file/0017/260531/09_10_Jones.pdf
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    Cited by:

    1. Alan G Phipps & Dingding Li, 2019. "Calibration and evaluation of Quigley’s hybrid housing price model in Microsoft Excel," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-18, April.

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