Suppose two houses sold in your neighborhood in the following years:

Property 1: 2017 $320k, 2018 $400k

Property 2: 2017 $300k, 2019 $360k

a) using the repeat-sales methodology, what is the estimated appreciation in house prices for this area between 2018 and 2019?

b) If both properties sold initially in 2010 rather than 2017 and these were the only sales over that period, how would the answer to (a) change?

Answer rating: 100% (QA)

ANSWER I Answer a The appreciation in price in 2018 would be 80k The appreciation in price in 2019 w... View the full answer