Matches in SemOpenAlex for { <https://semopenalex.org/work/W1578892584> ?p ?o ?g. }
Showing items 1 to 82 of
82
with 100 items per page.
- W1578892584 abstract "Developments in housing prices are of interest to households, policy-makers and those involved in the housing industry. This has been the case both in Australia and in other countries where house price developments are having significant macroeconomic impacts. However, the construction of measures of city-wide or nationwide average housing prices is not a straightforward exercise. One problem is that the sample of dwellings transacted in any period may be far from random and the characteristics of the sample may change from period to period. As a result, widely used measures of growth in mean or median housing prices will reflect changes in the composition of dwellings sold as well as changes in demand and supply conditions. We demonstrate that median price measures in most major Australian capitals are significantly affected by such compositional change. In this paper, we propose a simple measure of house price growth that addresses the problem of compositional change by stratifying individual transactions into different groups. Our measure differs from those commonly used internationally in that we group small geographic regions (suburbs) according to the long-term average price level of dwellings in those regions, rather than just clustering smaller geographic regions into larger geographic regions. This produces a measure of price growth that substantially improves upon median price measures, and one that is highly correlated with more sophisticated (but more computationally intensive) measures. While we focus on providing a basic framework for measuring house price growth, the stratification techniques contained in this paper have broader applications for dealing with datasets that are affected by compositional change." @default.
- W1578892584 created "2016-06-24" @default.
- W1578892584 creator A5059889969 @default.
- W1578892584 creator A5083522462 @default.
- W1578892584 date "2006-05-01" @default.
- W1578892584 modified "2023-09-27" @default.
- W1578892584 title "Measuring Housing Price Growth – Using Stratification to Improve Median-based Measures" @default.
- W1578892584 cites W1975509631 @default.
- W1578892584 cites W2051976719 @default.
- W1578892584 cites W2769320280 @default.
- W1578892584 cites W3121803930 @default.
- W1578892584 cites W3122574835 @default.
- W1578892584 cites W3123458111 @default.
- W1578892584 cites W90160891 @default.
- W1578892584 hasPublicationYear "2006" @default.
- W1578892584 type Work @default.
- W1578892584 sameAs 1578892584 @default.
- W1578892584 citedByCount "13" @default.
- W1578892584 countsByYear W15788925842012 @default.
- W1578892584 countsByYear W15788925842013 @default.
- W1578892584 countsByYear W15788925842014 @default.
- W1578892584 countsByYear W15788925842015 @default.
- W1578892584 crossrefType "posted-content" @default.
- W1578892584 hasAuthorship W1578892584A5059889969 @default.
- W1578892584 hasAuthorship W1578892584A5083522462 @default.
- W1578892584 hasConcept C100701293 @default.
- W1578892584 hasConcept C149782125 @default.
- W1578892584 hasConcept C162324750 @default.
- W1578892584 hasConcept C185592680 @default.
- W1578892584 hasConcept C192943249 @default.
- W1578892584 hasConcept C198531522 @default.
- W1578892584 hasConcept C2780009758 @default.
- W1578892584 hasConcept C2992949716 @default.
- W1578892584 hasConcept C3527866 @default.
- W1578892584 hasConcept C41008148 @default.
- W1578892584 hasConcept C43617362 @default.
- W1578892584 hasConcept C59822182 @default.
- W1578892584 hasConcept C77088390 @default.
- W1578892584 hasConcept C86803240 @default.
- W1578892584 hasConcept C88548481 @default.
- W1578892584 hasConceptScore W1578892584C100701293 @default.
- W1578892584 hasConceptScore W1578892584C149782125 @default.
- W1578892584 hasConceptScore W1578892584C162324750 @default.
- W1578892584 hasConceptScore W1578892584C185592680 @default.
- W1578892584 hasConceptScore W1578892584C192943249 @default.
- W1578892584 hasConceptScore W1578892584C198531522 @default.
- W1578892584 hasConceptScore W1578892584C2780009758 @default.
- W1578892584 hasConceptScore W1578892584C2992949716 @default.
- W1578892584 hasConceptScore W1578892584C3527866 @default.
- W1578892584 hasConceptScore W1578892584C41008148 @default.
- W1578892584 hasConceptScore W1578892584C43617362 @default.
- W1578892584 hasConceptScore W1578892584C59822182 @default.
- W1578892584 hasConceptScore W1578892584C77088390 @default.
- W1578892584 hasConceptScore W1578892584C86803240 @default.
- W1578892584 hasConceptScore W1578892584C88548481 @default.
- W1578892584 hasLocation W15788925841 @default.
- W1578892584 hasOpenAccess W1578892584 @default.
- W1578892584 hasPrimaryLocation W15788925841 @default.
- W1578892584 hasRelatedWork W1490314506 @default.
- W1578892584 hasRelatedWork W1548321626 @default.
- W1578892584 hasRelatedWork W1563904350 @default.
- W1578892584 hasRelatedWork W1772769968 @default.
- W1578892584 hasRelatedWork W2003920462 @default.
- W1578892584 hasRelatedWork W2012848804 @default.
- W1578892584 hasRelatedWork W2019714083 @default.
- W1578892584 hasRelatedWork W2044090912 @default.
- W1578892584 hasRelatedWork W2067141068 @default.
- W1578892584 hasRelatedWork W2107425078 @default.
- W1578892584 hasRelatedWork W2109109711 @default.
- W1578892584 hasRelatedWork W2109603199 @default.
- W1578892584 hasRelatedWork W2123693572 @default.
- W1578892584 hasRelatedWork W2253353361 @default.
- W1578892584 hasRelatedWork W24872305 @default.
- W1578892584 hasRelatedWork W25432235 @default.
- W1578892584 hasRelatedWork W33952674 @default.
- W1578892584 hasRelatedWork W3724362 @default.
- W1578892584 hasRelatedWork W39757115 @default.
- W1578892584 hasRelatedWork W52018285 @default.
- W1578892584 isParatext "false" @default.
- W1578892584 isRetracted "false" @default.
- W1578892584 magId "1578892584" @default.
- W1578892584 workType "article" @default.