The hedonic pricing method used as a price changing measurement tool of real estate: an application for the real estate market in Belo Horizonte
DOI:
https://doi.org/10.1590/ea.v19i1.106024Keywords:
Real estate price indexes, Hedonic price model, Urban economics, Belo Horizonte.Abstract
This paper focuses on measuring the price appreciation of several real estate types between 1995 and 2003. We used as sample transaction values of apartments, houses, huts, shops, halls, warehouses and land in Belo Horizonte. The hedonic pricing method was used once its basic premise is that the price of a marketed good is related to its characteristics. As a result, we could realize that the properties valuation was small in the period, in many cases below the inflation rate, due to the poor economy, high interest rates, and housing credit small volume.Downloads
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Published
2015-03-19
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Section
Papers
How to Cite
Paixão, L. A. R. (2015). The hedonic pricing method used as a price changing measurement tool of real estate: an application for the real estate market in Belo Horizonte. Economia Aplicada, 19(1), 5-30. https://doi.org/10.1590/ea.v19i1.106024