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Record W3191990535 · doi:10.1108/ijhma-05-2021-0062

The influence of design-related features on houses time-on-market: a statistical analysis

2021· article· en· W3191990535 on OpenAlexaffabout
Samer BuHamdan, Seyedmohammadamin Minayhashemi, Aladdin Alwisy, Ahmed Bouferguène

Bibliographic record

VenueInternational Journal of Housing Markets and Analysis · 2021
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsUniversity of Alberta
Fundersnot available
KeywordsOriginalityNoveltyPurchasingActuarial scienceArchitectural engineeringOperations researchComputer scienceMarketingBusinessEngineeringPsychology

Abstract

fetched live from OpenAlex

Purpose Researchers have not widely explored design-based factors that govern buildings’ physical properties and human–building interactions. This paper aims to understand the influence of design-related factors on the time-on-market (TOM) of listed houses and, consequently, study the effect of design features on the desirability of a given house. Design/methodology/approach This research analyzes a dataset of listed houses, provided by the REALTORS ® Association of Edmonton (RAE) and covers a period extending from January 2009 to August 2019, using Cox proportional-hazards regression model to identify building features that influence people purchasing decisions. Findings The research findings affirm the statistical insignificance of the price on the TOM compared to other design features, such as the construction method, the installed mechanical systems and cladding materials. Research limitations/implications The data used in the analysis comes from a single North American region, i.e. Edmonton, Alberta, Canada. Also, the data provided by the RAE includes only records that involve a realtor. Practical implications The observations of the research presented in this paper influence the housing market players’ decisions about housing designs, mainly those concerned with building new residential dwellings such as speculative builders and designers. Originality/value The research novelty stems from two aspects: the medium used for analysis, i.e. Cox proportional-hazards regression model, which allows considering the listed-but-not-sold units and helps to eliminate the survivorship bias that leads to over-optimistic outcomes; and the assessment of design-related features which allows to understand people’s preferences in design alternatives.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.527
Threshold uncertainty score0.516

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.011
GPT teacher head0.233
Teacher spread0.221 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2021
Admission routes2
Has abstractyes

Explore more

Same venueInternational Journal of Housing Markets and AnalysisSame topicHousing Market and EconomicsFrench-language works237,207