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The Quality of Real Estate Data: The Italian Case

  • Francesca Battaglia
  • Claudio Porzio
  • Gabriele Sampagnaro
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

The chapter1 discusses issues concerning the quality of property data from different sources and resulting implications for market participants. It is divided into two sections. In the first section, we discuss the nature and availability of property data for the Italian market. Our initial exploration of the quality and accessibility of some domestic data documents the presence of many property data sources, each of which uses different methods of data collection. The high number of data sources and their methodological heterogeneity produce excessive data discrepancies, hardly compatible with efficient research and professional investment processes. Using a set of longitudinal aggregated property values, we proceed to estimate the level of uniformity of data using correlation and cointegration analysis.

Keywords

Real Estate Asset Class Real Estate Investment Cointegration Analysis Augment Dickey Fuller Test 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Francesca Battaglia, Claudio Porzio and Gabriele Sampagnaro 2013

Authors and Affiliations

  • Francesca Battaglia
  • Claudio Porzio
  • Gabriele Sampagnaro

There are no affiliations available

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