Evaluation of Residential Housing Prices on the Internet: Data Pitfalls

Table 3

Descriptions of variables.

Variable		Description
Dependent variable	Price	Log of the second-hand neighbourhood’s housing prices (¥/Chinese Yuan)
Independent variables	Year	The year of neighbourhood construction (a)
	Centre	Log of distance from the neighbourhood to the nearest city centre (m)
	Subway	Log of distance from the neighbourhood to the nearest subway station (m)
	School	Log of distance from the neighbourhood to the nearest key school (m)
	Park	Log of distance from the neighbourhood to the nearest park (m)