关键词: 重复售出模型, 住房价格指数, 类重复规则

Abstract: Unlike European and American countries, high-rise apartment is the main type of housing in China. For the same building, different floors have the same floor plan, which offer us same living quality except of floors difference. Therefore, this paper proposes a repeat-sales-like rule to find the typical “repeat transaction" in the same apartment complex from different period, which will make repeat sales model available in estimating China's new constructed housing price index. In this paper, I analyze the building of housing construction and pricing characteristics, explore the "homogeneity" sample, and set up "matching rules to eliminate bias in direct contrast, and I also suggest rules for base price and special transaction. Using the transaction data of new constructed houses, this paper makes the empirical simulation to verify the feasibility of the repeat-sales-like rule, and discusses the index bias and application principles.

Key words: Repeat Sales Model, Housing Price Index, Repeat-Sales-Like Rule