The Effect of Energy Classifications on Housing Prices
School of Engineering | S harjoitus- ja seminaarityöt
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AbstractPrevious researches have provided contradictory results on the effect of energy classifications. It seems that the effects are limited only to the highest energy classifications (A & B) while the lowest classifications seem to have little or no effect, suggesting that the housing prices are consisted of completely different factors than this. The methods for this study are literature review in addition to a regression analysis using available open data. Our regression model supported the previous results but also indicated the need to perform further research on the topic and develop the existing model by all odds, e.g. increasing the amount of variables or changing the current ones.
energy classification, housing prices, open data, regression analysis
Häyrynen, Jenna & Katainen, Anna & Rantala, Emmi & Seppälä, Maija & Seppälä, Veera & Sperling, Ella & Virtanen, Laura. 2015. The Effect of Energy Classifications on Housing Prices. 11.