I would like to perform a repeat sales analysis based on housing data from the American Housing Survey.
List of variables: https://www.census.gov/data-tools/de...s_searchvalue=
With the code below, I was already able to perform a hedonic regression analysis based on the house price, quarter of the year and some house characteristics:
Code:
reg loglprice i.q loglot logunitsf floors rooms bedrms baths 1.garage 1.porch 1.fplwk 1.airsys margins, at(q==(1 (1) 4)) atmean marginsplot
- sampling period: 1999-2013
- the repeat-sales method assesses how house valuations change over time by focusing on the different sale prices of the same piece of real estate.
Note: house has to be sold at least twice in the sampling period.
Data initialisation code:
Code:
clear all set more off cd "C:\Users\eljattaa\Desktop\MP" use "C:\Users\eljattaa\Desktop\MP\data analyse\FULL merge pers.dta" gen int_year = mod(date, 10000) gen time_in_houseY = int_year-hhmove keep if time_in_houseY<=2 keep if hhmove>=1999 & hhmove<=2013 gen yearquarter = qofd(dofm(ym(hhmove, hhmovm))) format yearquarter %tq gen loglprice=log(lprice) gen byte q=quarter(dofq(yearquarter)) keep if lprice>=0 keep if lot>=0 keep if unitsf>=0 keep if floors>=0 keep if rooms>=0 keep if bedrms>=0 keep if baths>=0 keep if garage>=0 keep if porch>=0 keep if fplwk>=0 keep if airsys>=0 keep if howh>=0 gen loglot=log(lot) gen logunitsf=log(unitsf)
Does anyone have an idea on how to prepare the code in Stata?
Afterwards, I would like to compare the average home prices of the repeat sales and the hedonic price analysis.
Thanks in advance!
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