Approach to hedonic model and analyzing factors affecting real estate prices in Hanoi
Author(s): Nguyen Hong Nhat and Phung Duy Quang
Abstract: In real estate valuation techniques and housing market research, real estate prices are often analyzed using The Hedonic model based on factors that affect real estate prices. The Hedonic model shows the factors that affect real estate prices. The determinants of real estate prices in Hanoi in this article use 240 observations. The variables that have the greatest influence on real estate prices are the location of the property, the area of the land, the area of the house, the distance from the property to the city center, and the distance from the property to the street frontage.