Using quantitative analytical techniques when researching real estate – applied example

Abstract

The acquisition of live data through case study analysis and subsequent application of econometric modelling techniques can often prove effective in the pursuit to explain trends in real estate values, despite characteristically limited availability of data sets (observations) especially in the case of larger property developments. Both linear and non-linear (polynomial and other forms) regression analysis techniques are typically utilised for this purpose. Such regression models describe and evaluate the relationship between a dependant variable , and other variables (independent variables).