Determination of the Factors That Affect House Prices in Turkey by Using Hedonic Pricing Model

Aslı KAYA; Murat ATAN

Makale detayları

Determination of the Factors That Affect House Prices in Turkey by Using Hedonic Pricing Model

Yazarlar:

Aslı KAYA | Murat ATAN

Yayıncı:

PressAcademia

Dergi:

Journal of Business Economics and Finance 2014 Vol.3 Issue 3, pp.313-327

Belge Tipi:

Makale

Yayın Tarihi:

8/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000738058

Sıklık:

Üç Aylık

eISSN:

2146-7943

Özet:

 

The primary purpose of this paper is to analyze the marginal effects of various features of the houses on the prices to observe the price changes in the Turkish housing market which follows a heterogeneous pattern. As the second concern, it is aimed to declare the results and additionally to define Turkish housing market and its submarkets which affect the market itself and to calculate the pure price changes of the houses with constant features. Hedonic pricing model is applied on the data obtained via the house price index study performed at the Central Bank of Turkey. For the period between December 2010 and June 2012, under the constant housing features, hedonic price indexes are calculated as 6.21% for Turkey, 5.93% for İstanbul, and 5.05% and 2.83% for Ankara and İzmir respectively.

Makale detayları

Determination of the Factors That Affect House Prices in Turkey by Using Hedonic Pricing Model

Yazarlar: Aslı KAYA | Murat ATAN

Yayıncı: PressAcademia

Dergi: Journal of Business Economics and Finance 2014 Vol.3 Issue 3, pp.313-327

Belge Tipi: Makale

Yayın Tarihi: 8/2014

Belge Dili: Türkçe

Document ID (Org No.): 2000738058

Sıklık: Üç Aylık

eISSN: 2146-7943

Sayı

Yazarlar:

Aslı KAYA | Murat ATAN

Yayıncı:

PressAcademia

Dergi:

Journal of Business Economics and Finance 2014 Vol.3 Issue 3, pp.313-327

Belge Tipi:

Makale

Yayın Tarihi:

8/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000738058

Sıklık:

Üç Aylık

eISSN:

2146-7943