来自弗雷迪·麦克重复销售数据的新房价证据

New Evidence on Home Prices from Freddie Mac Repeat Sales

Real Estate Economics · 1991
被引 135 · 同刊同年前 9%
人大 A-ABS 3

中文导读

将Case和Shiller的加权重复销售价格指数方法应用于弗雷迪·麦克公司过去二十年超过八百万笔贷款数据,报告区域价格指数并与其它来源比较,发现新指数在1985年后增长显著更快。

Abstract

The weighted repeat sales price index methodology recently reported in Case and Shiller [5] [6] is applied to a dataset of over eight million loans bought by the Federal Home Loan Mortgage Corporation over the last twenty years. Regional price indices are reported and compared to indices from other sources. Statistical issues in the creation of the index, both technical and due to sample selectivity of the Freddie Mac dataset, are extensively discussed. It is found that the new index grows at a rate similar to other indices up until 1985, after which time it grows at a significantly higher rate.

房价指数重复销售法弗雷迪·麦克区域价格指数