Is the Real Estate Market of New Housing Stock Influenced by Urban Vibrancy?

被引:9
|
作者
Barreca, Alice [1 ]
Curto, Rocco [1 ]
Rolando, Diana [1 ]
机构
[1] Politecn Torino, Architecture & Design Dept, Vle Mattioli 39, I-10125 Turin, Italy
关键词
GEOGRAPHICALLY WEIGHTED REGRESSION; LAND-USE; IMPACT; LANDSCAPES; PRICES;
D O I
10.1155/2020/1908698
中图分类号
O1 [数学];
学科分类号
0701 ; 070101 ;
摘要
The attractiveness and vibrancy of an urban area are very complex aspects that both Public Administrations and real estate developers and construction companies have to carefully consider in order to correctly address their investments and sustainable urban development projects. The aim of this paper is to study urban vibrancy and its relationship with the neighbourhood services and the real estate market of new housing stock. Spatial analyses are performed to study the influence of the Neighbourhood Services Index (NeSI) and its Principal Components (PCs) on listing prices and the construction activity. Spatial autoregressive (SAR) models are applied both with lattice data and data points, in order to manage spatial dependence and to identify the variables that significantly influence housing prices and construction site density. Findings highlight that the NeSI significantly influences the real estate market of new housing stock and that above the analysed neighbourhood services and the retail activities have a great, significant, and positive influence on the density of housing construction sites. The results of this study represent a real support for both public and private bodies to identify the most and least attractive and vibrant urban areas and to deal with important aspects of urban complexity.
引用
收藏
页数:22
相关论文
共 50 条
  • [21] Shared housing as a priority the development of regional real estate market
    Zolotukhina, K. N.
    TERRA ECONOMICUS, 2010, 8 (02): : 181 - 186
  • [22] PROSPECTS OF HOUSING REAL ESTATE MARKET DEVELOPMENT IN THE REPUBLIC OF BELARUS
    Shimanovski, S. A.
    SCIENCE & TECHNIQUE, 2014, (06): : 64 - 69
  • [23] Measuring housing quality in the absence of a monetized real estate market
    Rindfuss, Ronald R.
    Piotrowski, Martin
    Thongthai, Varachai
    Prasartkul, Pramote
    POPULATION STUDIES-A JOURNAL OF DEMOGRAPHY, 2007, 61 (01): : 35 - 52
  • [24] Real estate agents. For a sociology of the players in the housing market
    Piganiol, Marie
    REVUE FRANCAISE DE SOCIOLOGIE, 2013, 54 (03): : 600 - 603
  • [25] THE USE OF REGRESSION TREES TO THE ANALYSIS OF REAL ESTATE MARKET OF HOUSING
    Jasinska, Elizbieta
    Preweda, Edward
    GEOCONFERENCE ON INFORMATICS, GEOINFORMATICS AND REMOTE SENSING - CONFERENCE PROCEEDINGS, VOL II, 2013, : 503 - 508
  • [26] On the Imbalance Between the Real Estate Market and the Stock Markets in China
    Zhang, Gaiyan
    Fung, Hung-Gay
    CHINESE ECONOMY, 2006, 39 (02) : 26 - 39
  • [27] B/M Ratio Checking in Real Estate Stock Market
    Guo, Yao
    Duan, Yun
    PROCEEDINGS OF 2010 INTERNATIONAL CONFERENCE ON CONSTRUCTION AND REAL ESTATE MANAGEMENT, VOLS 1-3, 2010, : 1364 - 1367
  • [28] Real Estate Investments, Product Market Competition and Stock Returns
    Diop, Moussa
    REAL ESTATE ECONOMICS, 2018, 46 (02) : 291 - 333
  • [29] Tenant stock market performance and retail Real Estate prices
    Kaiser, Carina
    Freybote, Julia
    JOURNAL OF PROPERTY RESEARCH, 2024, 41 (01) : 23 - 43
  • [30] An empirical study on the wealth effect of Chinese stock market and real estate market
    Zhi Da-lin
    Han Jian-yu
    PROCEEDINGS OF 2007 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING (14TH) VOLS 1-3, 2007, : 1837 - +