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Chew, M Y L (2002) Resistance of polyurethane sealants to hot water. Building Research & Information, 30(05), 367–71.

Choy, L H T, Ho, W K O and Mak, S W K (2012) Housing attributes and Hong Kong real estate prices: a quantile regression analysis. Construction Management and Economics, 30(05), 359-66.

  • Type: Journal Article
  • Keywords: housing attributes; quantile regression; real estate prices
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2012.677542
  • Abstract:
    By nature, people's tastes and preferences are unique and diverse so that a constant coefficient of each housing attribute produced by ordinary least squares (OLS) is not able to fully describe the behaviour of homebuyers of different classes. To complement the least squares, quantile regression is used to identify how real estate prices respond differently to a change in one unit of housing attribute at different quantiles. Theoretically, quantile regression can be utilized to estimate the implicit price for each housing attribute across the distribution of real estate prices, allowing specific percentiles of prices to be more influenced by certain housing attributes when compared to other percentiles. Empirical results demonstrate that most housing attributes, such as apartment size, age and floor level, command different prices at different quantiles. With the use of this approach, the efficiency of the mortgage markets is enhanced by offering more accurate prediction of real estate prices at the lower and upper price distribution.

Jacobsson, M and Linderoth, H C J (2012) User perceptions of ICT impacts in Swedish construction companies: 'it's fine, just as it is'. Construction Management and Economics, 30(05), 339-57.

Kerali, A G and Thomas, T H (2002) Effect of mix retention and curing on low-cement walling blocks. Building Research & Information, 30(05), 362–6.

Kohler, N and Lutzkendorf, T (2002) Integrated life-cycle analysis. Building Research & Information, 30(05), 338–48.

Lingard, H C, Cooke, T and Blismas, N (2012) Designing for construction workers' occupational health and safety: a case study of socio-material complexity. Construction Management and Economics, 30(05), 367-82.

Liu, L, Wang, X and Sheng, Z (2012) Achieving ambidexterity in large, complex engineering projects: a case study of the Sutong Bridge project. Construction Management and Economics, 30(05), 399-409.

Straub, A (2002) Strategic technical management of housing stock: lessons from Dutch housing associations. Building Research & Information, 30(05), 372–81.

Tam, C M, Tam, V W Y and Zeng, S X (2002) Environmental Performance Evaluation (EPE) for construction. Building Research & Information, 30(05), 349–61.

Zimina, D, Ballard, G and Pasquire, C (2012) Target value design: using collaboration and a lean approach to reduce construction cost. Construction Management and Economics, 30(05), 383-98.