Work

Towards the hedonic modelling and determinants of real estates price in Morocco

Year: 2021

Type: article

Abstract: In this paper, we propose a new approach to modeling a real estate price index in Morocco, based on the hedonic regression approach. The basic idea of this paper is to verify the importance of the characteristics of the real estate in the real estate price. Thus, based on data from the three major cities of the capital region of Morocco (RABAT Region), we estimated a hedonic model that takes into account spatial autocorrelation. The results obtained through this modeling generally confirm that the surface area and location of the real estate (land, house, villa and apartment) have a significant influence on the price of real estate.

Source: Social Sciences & Humanities Open

DOI: 10.1016/j.ssaho.2021.100176

Authors: Firano Zakaria, Filali A. Fatine

Institution: Mohammed V University

Language: English

Topic: Housing Market and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Sustainable cities and communities

Open Access status: gold

Estimated APC paid: $500