Housing Price Indexes from the 1974–1983 SIMSA Annual Housing Surveys
利用美国人口普查局1974-1983年对60个大都市区的年度住房调查数据,计算了分产权类型、分中心城与郊区、分住房质量等级的享乐价格指数,并修正了有限样本偏差。
This paper reports residential real estate price indexes computed from the Standard Metropolitan Statistical Area (SMSA) Annual Housing Survey (AHS) for the 1974 through 1983 period. During this ten‐year period, the U.S. Bureau of the Census conducted detailed surveys of the housing stock in sixty metropolitan areas in a three to four year cycle. This information is used to compute tenure specific hedonic housing price indexes for: (1) the entire metropolitan housing market; (2) separately for properties located in the central city and in the suburbs (whenever central city locations are identified); and (3) for three points in the dwelling quality distribution‐for substandard housing (using the definition employed by the U.S. Department of Housing and Urban Development), for new housing (housing less than three years old and not substandard), and for existing standard quality housing (everything else). In addition, the hedonic prices reported here are adjusted for the finite sample bias introduced when taking the exponential of a lognormally distributed random variable.