SIMULATION OF THE COST OF HOUSING IN KRASNOYARSK 2013
Information on the cost of the secondary residential property in Krasnoyarsk city for 2013 have been collected and analyzed. The number of objects is 2994. Each apartment is characterized by 13 parameters: number of rooms, layout, district, floor, number of floors in the house, wall material, telephone, total area, living area, kitchen area, bathroom, stove, balcony or loggia available. An adequate linear model of the price of apartment has been generated based on OLS. The model includes seven significant factors: total area, the number of rooms, district, wall material, layout, living area, bathroom. By using the linear model we got it’s observed heteroskedasticity of residuals. Using the GLS method, based on the linear model, a new model with homoscedasticity residuals has been built. The generated model describes the experimental data adequately.