Evaluation of Residential Housing Prices on the Internet: Data Pitfalls

Table 5

Results and evaluation of hedonic housing price models.

		Year	Center	Subway	School	Park	Constant
Centaline Property	Coefficient	0.001	-0.253	-0.061	0.015	0.044	10.592
	Standardized Coefficient	0.010	-0.516	-0.150	0.034	0.064
	Probability	0.236	<0.001	<0.001	0.002	<0.001	<0.001
	R^2: 0.369; adjusted R^2: 0.369; F-statistic: 1163.589; P-value<0.001
Lianjia	Coefficient	0.016	-0.267	-0.045	0.009	0.043	-20.785
	Standardized Coefficient	0.253	-0.611	-0.102	0.023	0.068
	Probability	<0.001	<0.001	<0.001	0.061	<0.001	<0.001
	R^2: 0. 451; adjusted R^2: 0. 451; F-statistic: 880.570; P-value<0.001
Anjuke	Coefficient	0.007	-0.298	-0.059	0.010	0.050	-1.742
	Standardized Coefficient	0.119	-0.588	-0.138	0.022	0.068
	Probability	<0.001	<0.001	<0.001	0.114	<0.001	0.165
	R^2: 0.449; adjusted R^2: 0. 449; F-statistic: 861.807; P-value<0.001
Fangtianxia	Coefficient	0.020	-0.321	-0.045	-0.008	0.025	-12.403
	Standardized Coefficient	0.231	-0.678	-0.119	-0.019	0.039
	Probability	<0.001	<0.001	<0.001	0.259	0.002	<0.001
	R^2: 0.530; adjusted R^2: 0.529; F-statistic: 832.682; P-value<0.001