AN APPLICATION OF THE HEDONIC PRICING METHOD IN THE REAL STATE MARKET IN TWO URBAN ZONES OF WESTERN PARANÁ

Abstract

This paper uses Lancaster's Theory of Attributes and Rosen's hedonic pricing method, from which it is  possible  to  analyze  the relative importance of a group of intrinsic attributes to the homes advertised for sale in the real estate market, according  to  an environmental asset in four non-contiguous urban regions. For this, multivariate statistics  techniques  is  were  used  using  the main components method, whose extracted factors allow identifying and comparing the relative importance of each one in  the formation of real estate prices. The results showed that socioeconomic, environmental and location variables  stood  out  in  the increase of housing prices.