Testing Estimates of Housing Cost Differences among US Metropolitan Areas

Table 9

Predicting the proxy with housing cost measures alone, recent movers in BLS metropolitan areas.

	Area price level	Measure A	Measure B	Measure C	Measure D	Measure E
Constant	6.540^*	6.472^*	6.465^*	6.036^*	6.283^*	6.639^*
	(0.263)	(0.352)	(0.293)	(0.241)	(0.201)	(0.436)
Housing cost measure	−1.583^*	−1.550^*	−1.543^*	−1.114^*	−1.361^*	−1.717^*
	(0.251)	(0.345)	(0.285)	(0.231)	(0.193)	(0.429)
-squared	0.633	0.468	0.560	0.503	0.684	0.410
Standard error of estimate	0.298	0.359	0.327	0.347	0.277	0.378
Metropolitan areas in sample	25	25	25	25	25	25