Online prediction of Berlin single-family house prices (Q1424656)
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scientific article; zbMATH DE number 2058974
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Online prediction of Berlin single-family house prices |
scientific article; zbMATH DE number 2058974 |
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Online prediction of Berlin single-family house prices (English)
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16 March 2004
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A statistical model of house prices is described. It is based on the idea of ``hedonic regression'', but uses expected deviation of the next period return for prediction of the common price component. A state space model is obtained as a result. The Kalman filtering is used for the prediction of the prices in this model. The prediction is available online at www.md-immo.com.
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hedonic regression
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Kalman filter
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state space model
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