Internet-Based Hedonic Indices of Rents and Prices for Flats: Example of Berlin

Discussion Papers 1191, 21 S.

Konstantin A. Kholodilin, Andreas Mense

2012

get_appDownload (PDF  375 KB)

Abstract

In this paper, we suggest to estimate the home rents and prices in German regions/cities using the data from Internet ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for investigating the dynamics of rents/prices and for examining their distribution by city districts or regions.

Konstantin A. Kholodilin

Wissenschaftlicher Mitarbeiter in der Abteilung Makroökonomie



JEL-Classification: C21;O47;R11
Keywords: Internet ads, home rents, home prices, German regions, Berlin, hedonic approach
Frei zugängliche Version: (econstor)
http://hdl.handle.net/10419/61399