Assessment of information from real estate markets with help of multiple regression analysis models

key words: multiple regression analysis, regression residual analysis, real estate market

Summary:

The article presents an exemplary use of various multiple regression analy-sis models for the purposes of land market research as well as evaluates the
degree to which they match the actual market situation, based on an analysis of regression residuals. The research of linear, logarithmic and exponential regres-sion analysis models allowed the study of the effects of assumed variables on the price of the property earmarked for building in one of the village of Little Poland. Obtained results indicate that linear multiple regression analysis model proved to be most optimal because of its interpretation and calculation.

 

 

Citation:

Prus B. 2010. Assessment of information from real estate markets with help of multiple regression analysis models. Infrastruktura i Ekologia Terenów Wiejskich. Nr 2010/ 03