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Use of repeat house sales to measure changes since the early‐ or mid‐1980s in two inner‐city neighbourhoods in Windsor, Ontario

Bibliographic Data

ID8423536
AuthorsAlan G Phipps (0000-0001-6078-5602, Institute of Criminology, corresponding author)
Year2019
Volume63
Issue4
Pages643-662
Publication date2019-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueCanadian Geographies / Géographies canadiennes (JOURNAL)
Journal identifiersISSN: 0008-3658 • E-ISSN: 1541-0064
PublisherWiley (PUBLISHER • GB)
DOI10.1111/cag.12541
OpenAlexW2956470011
LanguageEN
References cited58

Changes in the prices of homes and the reasons for those changes may be more accurately predicted from repeat sales of the same homes after controlling for their changed attributes and differences in time between their sales and resales. This paper analyzes 346 of 583 sold houses in the Glengarry neighbourhood in Windsor, Ontario, that were sold more than once between 1981 and mid‐2017, and a corresponding 414 of 737 sold houses in the city's Wellington‐Crawford neighbourhood, sold more than once between 1986 and mid‐2017. After comparing types of resold homes with once‐sold ones, a repeat sales model predicts a first period of increasing annual percentage changes in resale prices compared to sale prices during the 1980s, followed by a second period of stagnation and possible decreases until 2011, and then increases during a third period after that. In addition, changes in resold homes’ attributes of the dwelling unit and neighbourhood are a second type of neighbourhood change in two inner‐city neighbourhoods during the past 30 or more years

Agricultural economics · Business · Demographic economics · Economic geography · Economics · Geography · Inner city · Neighbourhood (mathematics) · Windsor · Environmental Science · Housing Market and Economics · Housing, Finance, and Neoliberalism · Mathematics · Urban Transport and Accessibility

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