housing-market

What problem does it solve?

This Skill helps you analyze housing prices and market dynamics by estimating attribute “implicit prices,” constructing repeat-sales price indices, measuring affordability, and detecting spatial clustering.

Core Features & Use Cases

• Hedonic pricing with spatial effects: Estimate how structural and location variables jointly determine log house prices, and assess spatial spillovers.
• Repeat-sales (Case-Shiller style) indices: Build a house price index from sequential property sales without needing full attribute data at each time.
• Affordability and investment metrics: Compute affordability measures such as price-to-income and Housing Affordability Index, and evaluate supply constraint relationships and capitalization/yield-style concepts.

Quick Start

Use the housing-market Skill to estimate hedonic regressions, build a repeat-sales price index, and produce affordability metrics from a housing transactions dataset you provide.