Abstract
Using data on a large sample of land transactions, this paper develops quarterly national land price indices for residential, commercial, and industrial land use categories over the 20 years period from 1991 to 2009. We find significant differences in variability across land uses, with residential exhibiting the most volatility. Our particular interest in this paper is to compare intertemporal land prices with other prominant real estate indices. In all cases, the transaction-based land price indices leads the other indices.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
