1st Edition

Construction and Application of Property Price Indices

By Anthony Owusu-Ansah Copyright 2018
218 Pages
by Routledge

218 Pages
by Routledge

218 Pages
by Routledge

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. Measuring and understanding house prices is therefore essential to a functioning economy, but researchers continue to... Read more

1. Introduction



2. A Global Tour of Property Price Indices



3. The Theory of Hedonic Pricing Modeling



4. House Price Index Construction Methods



5. Data Types and Preparation



6. Empirical Demonstration of Property Price Index Construction

Biography



Anthony Owusu-Ansah (PhD) is a Senior Lecturer and Coordinator of Graduate Programmes at the Business School of the Ghana Institute of Management and Public Administration (GIMPA), Accra. He has published extensively in the areas of house price index construction, housing market dynamics, hedonic modelling and the role of real estate in portfolio management. He is a professional member of the Ghana Institution of Surveyors and an Associate of the British Higher Education Academy.