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Property valuation and appraisal indices -- A global tour of transaction property price indices -- The theory of hedonic pricing modelling -- Property price index construction methods -- The study area and the data -- Empirical demonstration of property price index construction …
"The importance of house prices to households, real estate developers, banks and policy makers cannot be overemphasised. House price changes affect consumer spending and business investment patterns, which in turn affect the wider macro economy and the entire business cycle. Mea…