Online prediction of Berlin single-family house prices (Q1424656)

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Online prediction of Berlin single-family house prices
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    Online prediction of Berlin single-family house prices (English)
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    16 March 2004
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    A statistical model of house prices is described. It is based on the idea of ``hedonic regression'', but uses expected deviation of the next period return for prediction of the common price component. A state space model is obtained as a result. The Kalman filtering is used for the prediction of the prices in this model. The prediction is available online at www.md-immo.com.
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    hedonic regression
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    Kalman filter
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    state space model
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