Purpose – Spatial autocorrelation in regression residuals is a major issue for the modeller because it disturbs parameter estimates and invalidates the reliability of conclusions drawn from models. The purpose of this paper is to develop an approach which generates new spatial predictors that...

This paper investigates the analytical potential of factor analysis for sorting out neighbourhood and access factors in hedonic modelling using a simulation procedure that combines GIS technology and spatial statistics. An application to the housing market of the Quebec Urban Community (575,000...

Purpose – This paper is an attempt to bridge the gap between, on the one hand, the mobility behaviour of households and their perception of accessibility to urban amenities and, on the other hand, house price dynamics as captured through hedonic modelling. Design/methodology/approach – In...

Purpose – Both hedonics and the traditional sales comparison approach are derived from a similar paradigm with respect to how prices, hence market values, are determined. While the hedonic approach can provide reliable estimates of individual attributes' marginal contribution, it may –...

This research paper investigates the effect of drinking water quality on property values in Charlesbourg, a major municipality (70,000 inhabitants) of the Quebec City region where repeated water‐related health problems were experienced in 1990 and 1991. In this paper, 807 bungalow sales are...

Evaluating the impact of public mass transit systems on real-estate values is an important application of the hedonic price model (HPM). Recently, a mathematical transformation of this approach has been proposed to account for the potential omission of latent spatial variables that may...

<em>Testing the Temporal Stability of Accessibility Value in Residential Hedonic Prices</em> (by Marius Thériault, François Des Rosiers and Jean Dubé) - ABSTRACT: Bridging the gap between supply-driven and demand-driven accessibility to urban amenities, this paper assesses changes in the valuation of...

This article analyses results of a survey among small and mid-size manufacturing enterprises, with low to medium added value production, located in the Quebec province in a mid-size city showing a strong economic progression during the last three decades. Based on the sociologic theory of...