Abstract
VTT Technical Research Centre of Finland possesses a large database of dwelling prices based on real transactions from all over Finland starting from the year 1970. The database contains over 500 000 dwelling and real estate transactions. This paper presents the first attempt to visualize spatial and temporal changes of dwelling prices by using GIS based spatial analysis methodology. The product of the analysis process consists of a series of maps, so called price-surfaces, which can be used to monitor the development of local dwelling markets by localizing its hot spots and stagnating areas. The pilot study covers the Helsinki Metropolitan Area and the time period of the last 23 years. The maps present surfaces of dwelling prices covering all the residential areas of the HMA. The initial point datasets are interpolated into regional grids by using Inverse Distance Weighting (IDW) method.
| Original language | English |
|---|---|
| Title of host publication | AGILE 2005: 8th Conference on Geographic Information Science |
| Subtitle of host publication | Conference Proceedings |
| Publisher | Universidade Nova de Lisboa |
| Pages | 593-597 |
| ISBN (Print) | 972-8093-13-6 |
| Publication status | Published - 2005 |
| MoE publication type | A4 Article in a conference publication |
| Event | 8th Conference on Geographic Information Science, AGILE 2005 - Estoril, Portugal Duration: 26 May 2005 → 28 May 2005 Conference number: 8 |
Conference
| Conference | 8th Conference on Geographic Information Science, AGILE 2005 |
|---|---|
| Abbreviated title | AGILE 2005 |
| Country/Territory | Portugal |
| City | Estoril |
| Period | 26/05/05 → 28/05/05 |
Keywords
- price surfaces
- dwelling prices
- time series
- GIS
- spatial analysis