The Influence of Energy Certification on Housing Sales Prices in the Province of Alicante (Spain)
| Autor: | Vicente Raúl Pérez Sánchez, Pablo Martí Ciriquián, Raúl Tomás Mora García, María Francisca Céspedes-López |
|---|---|
| Přispěvatelé: | Universidad de Alicante. Departamento de Edificación y Urbanismo, Materiales y Sistemas Constructivos de la Edificación, Grupo de Investigación en Restauración Arquitectónica de la Universidad de Alicante. GIRAUA-CICOP, Urbanística y Ordenación del Territorio en el Espacio Litoral |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Alicante
Viviendas colectivas 0211 other engineering and technologies 02 engineering and technology Certification Certificado de rendimiento energético (EPC) hedonic pricing method lcsh:Technology Agricultural economics Precio de venta lcsh:Chemistry Mercado Inmobiliario General Materials Science 021108 energy Análisis de mercado 5308.02 Comportamiento del Consumidor Certificación energética Instrumentation lcsh:QH301-705.5 Real estate market Fluid Flow and Transfer Processes 3305.90 energy performance certificate (EPC) lcsh:T Process Chemistry and Technology 5304.01 Consumo Ahorro Inversión Property prices General Engineering 021107 urban & regional planning Urbanística y Ordenación del Territorio lcsh:QC1-999 Computer Science Applications 3305.14 Viviendas Construcciones Arquitectónicas real estate market lcsh:Biology (General) lcsh:QD1-999 lcsh:TA1-2040 5302.01 Indicadores Económico Hedonic pricing method Business Análisis coste-beneficio Energy performance certificate (EPC) property prices lcsh:Engineering (General). Civil engineering (General) lcsh:Physics |
| Zdroj: | Applied Sciences, Vol 10, Iss 7129, p 7129 (2020) RUA. Repositorio Institucional de la Universidad de Alicante Universidad de Alicante (UA) Applied Sciences Volume 10 Issue 20 RIARTE Consejo General de la Arquitectura Técnica de España (CGATE) |
| ISSN: | 2076-3417 |
| Popis: | This work examines the implementation of energy labelling by the residential real estate sector. First, it considers the interest by real estate sellers in not publishing energy certification information, and then, it quantifies the impact of the housing&rsquo s energy certification on the asking price. The results are compared with those obtained from other studies conducted in distinct European countries. The study&rsquo s final sample was collected, including information from 52,939 multi-family homes placed on the real estate market in the province of Alicante (Spain). One-way analysis of variance (ANOVA) was used, as well as an ordinary least squares regression model. This study highlights the fact that, in the current market, owners and sellers have no incentive to reveal the energy certification, since this permits them to sell homes with low energy ratings at prices similar to those of more energy efficient homes. In addition, it was found that homes with better energy ratings (letters A and B) are not sold at higher prices than homes with other rating letters, unlike the case of other European countries that were examined. |
| Databáze: | OpenAIRE |
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