Methodology and method for price-level forecasting in the building industry

摘要: This paper discusses the appropriate methodology for establishing a model forecasting building price movements and interpreting value statistics. The proposed is illustrated with an ordinary least squares (OLS) multiple regression quantifying effects on level of variations in degree competitiveness industry. dependent variable Market Conditions Index predictor variables are Building Approvals, Fixed Capital Formation Rate Unemployment. overcomes one most serious shortcomings previous models that it incorporates into adjustments to capacity industry response demand consequential improvement accuracy.