caa a22 4500 477129684 CHVBK 20180405111701.0 cr unu---uuuuu 170330e19970701xx s 000 0 eng 10.1023/A:1007753406308 doi (NATIONALLICENCE)springer-10.1023/A:1007753406308 Three New Real Estate Price Indices for Geneva, Switzerland [Elektronische Daten] [Martin Hoesli, Carmelo Giaccotto, Philippe Favarger] This paper develops constant-quality price indices for three categories of real estate-apartment buildings, vacant land, and condominiums—for the city of Geneva, Switzerland. We use both the hedonic and repeat sales models to estimate the price level and, in turn, the rate of price change. The general pattern of each series suggests that real estate prices in Geneva were fairly stable throughout the 1970s, increased sharply during the 1980s, but gave back some of these gains in the early 1990s. Interestingly, the sharp rise in prices in the second half of the 1980s is very similar to that found in some regions of the United States. We also consider the problem, implicit in the repeat sales method, of revisions in previously estimated price indices as additional data become available in later years. Kluwer Academic Publishers, 1997 real estate price indices nationallicence hedonic model nationallicence repeat sales nationallicence Geneva nationallicence Switzerland nationallicence revision of price indices nationallicence Hoesli Martin Management Studies, University of Geneva, Switzerland aut Giaccotto Carmelo Department of Finance School of Business Administration, University of Connecticut, Storrs aut Favarger Philippe Federal Polytechnical University, Lausanne, Switzerland aut The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/1(1997-07-01), 93-109 0895-5638 15:1<93 1997 15 11146 https://doi.org/10.1023/A:1007753406308 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1023/A:1007753406308 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Hoesli Martin Management Studies, University of Geneva, Switzerland aut NATIONALLICENCE 700 1- Giaccotto Carmelo Department of Finance School of Business Administration, University of Connecticut, Storrs aut NATIONALLICENCE 700 1- Favarger Philippe Federal Polytechnical University, Lausanne, Switzerland aut NATIONALLICENCE 773 0- The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/1(1997-07-01), 93-109 0895-5638 15:1<93 1997 15 11146 Metadata rights reserved Springer special CC-BY-NC licence nationallicence SWISSBIB 075404303 BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer