The Spanish property market. A tool for supply analysis

Authors

  • José Carlos Casas del Rosal Departamento de Estadística, Econometría, Inv. Operativa, Org. de Empresas y Econ. Aplicada Universidad de Córdoba Edificio Albert Einstein 2ª derecha - Campus de Rabanales - Carretera de Madrid - 14071 Córdoba
  • David E. Casas del Rosal Abacoforma Avenida de las Ollerías, 15 – 14001 Córdoba
  • José María Caridad y Ocerin Departamento de Estadística, Econometría, Inv. Operativa, Org. de Empresas y Econ. Aplicada Universidad de Córdoba Puerta Nueva s/n. 14071 Córdoba
  • Julia Núñez Tabales Departamento de Estadística, Econometría, Inv. Operativa, Org. de Empresas y Econ. Aplicada Universidad de Córdoba Puerta Nueva s/n. 14071 Córdoba

DOI:

https://doi.org/10.32826/cude.v42i120.82

Keywords:

Real estate, supply, estimate pricing, Geographical Information System (GIS), computerized tool

Abstract

Due to the dynamism of the real estate market and its importance in the economy of a country like Spain, it is necessary to have a tool that allows to obtain and analyse all the information connected with this. In this paper, a new software developed in JAVA and R is presented; and, from the information provided by the real estate website of greater offer of the country, idealista.com, it allows the development of a completed statistical analysis of the data, the identification of properties with outstanding characteristics, the realization of estimates of variables, such as price of the offers, with different techniques and the geographic location of the properties based on geographic coordinates with the information of characteristics that define them. Some application features from a sample of 5290 housing in the city of Córdoba are shown in that program without the user requiring knowledge about the programming languages used in the program

Published

2019-02-12