Definition: Hedonic regression

Housing price statistics

The estimation of a hedonic model, using regression techniques, that explains the price of the property as a function of its characteristics (relating to the structures as well as the location).

Source:
Eurostat, International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE), The World Bank, "Handbook on Residential Property Prices Indices (RPPIs)", Publications Office of the European Union, Luxembourg, 2013

Created:
2013-04-24

Updated:
2019-05-10