Hierarchical spatial interactions in the Aveiro-Ílhavo housing market -
Estimate W under an asymmetrical assumption
Abstract
This study discusses an estimation framework of spatial interactions at
the local (urban) scale - the so-called spatial weights matrix (W). It
develops an application to the Portuguese’s Aveiro and Ílhavo
municipalities. The work was based on a housing dataset retrieved from
the Portuguese real estate portal CASA SAPO
(https://casa.sapo.pt/). The dataset was provided by the research
project from the University of Aveiro “Fatores Determinantes da Procura
de Habitação”, which, after preprocessing, includes a set of basic
intrinsic housing attributes (area, time on market, and preservation),
the published (asking) price and locational information (real estate
market experts’ zones/neighborhoods). The dataset comprises 7288 houses
covering the time period from 2005 to 2010.