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Costin, G, Nakai Kidd, A, Simon, T and Edwards, D J (2019) Collaborative procurement and private-sector housebuilding and refurbishment works. International Journal of Building Pathology and Adaptation, 37(05), 699–717.

Falorca, J F (2019) Main functions for building maintenance management: an outline application. International Journal of Building Pathology and Adaptation, 37(05), 490–509.

Fatayer, F A, Hassanain, M A, Abdallah, A and Al-Hammad, A (2019) Investigation of facilities management practices for providing feedback during the design development and review stages. International Journal of Building Pathology and Adaptation, 37(05), 597–614.

Hassanain, M A, Al-Zahrani, M, Abdallah, A and Sayed, A M (2019) Assessment of factors affecting maintenance cost of public school facilities. International Journal of Building Pathology and Adaptation, 37(05), 528–46.

Ibbotson, K and Farrell, P (2019) The challenges of prioritising low carbon in public sector Flood and Coastal Erosion Risk Management (FCERM) construction. International Journal of Building Pathology and Adaptation, 37(05), 615–28.

Ismail, Z (2019) Developing a maintenance index framework for heritage concrete buildings. International Journal of Building Pathology and Adaptation, 37(05), 510–27.

Kikwasi, G and Mbuya, E (2019) Vulnerability analysis of building structures to floods. International Journal of Building Pathology and Adaptation, 37(05), 629–56.

M., A (2019) An empirical study on life cycle assessment of double-glazed aluminium-clad timber windows. International Journal of Building Pathology and Adaptation, 37(05), 547–64.

Ojo, G K, Adeyeye, G M, Opawole, A and Kajimo-Shakantu, K (2019) Gender differences in workplace stress response strategies of quantity surveyors in Southwestern Nigeria. International Journal of Building Pathology and Adaptation, 37(05), 718–32.

Owusu-Manu, D, Edwards, D J, Donkor-Hyiaman, K A, Asiedu, R O, Hosseini, M R and Obiri-Yeboah, E (2019) Housing attributes and relative house prices in Ghana. International Journal of Building Pathology and Adaptation, 37(05), 733–46.

  • Type: Journal Article
  • Keywords: Location; Ghana; House prices; Housing attributes; Hedonic modelling;
  • ISBN/ISSN: 2398-4708
  • URL: https://doi.org/10.1108/IJBPA-01-2019-0003
  • Abstract:
    The study of house prices has become more relevant in recent times after the global financial crisis. Using a housing data set from three regions of Ghana (collated from real estate agents), the purpose of this paper is to estimate the relative importance of housing attributes to house prices. Design/methodology/approach The hedonic regression analysis conducted indicates that location is the most powerful determinant of house prices. Other relevant factors are the number of bedrooms, the number of floors, the total floor area, land size, age of the house and luxury finishing. Findings The implications of these results are many. Policy wise, the study provides an evidence-based empirical study that supports the need for better urban planning to improve communities, which in turn is associated with house price appreciations. Homeowners, investors and creditors, particularly mortgage lenders could be the immediate beneficiaries. Drawing on this, improved urban planning could mitigate strategic defaults that results from house prices falling below mortgage loan balances. This is important for financial market stability. Originality/value The paper provides a comprehensive and unique understanding of the hedonic determinants of house prices in Ghana. Future studies could examine the effect of location upon mortgage lending in Ghana.

Pakkala, T A, Köliö, A, Lahdensivu, J and Pentti, M (2019) Predicted corrosion rate on outdoor exposed concrete structures. International Journal of Building Pathology and Adaptation, 37(05), 679–98.

Peng, Z, Deng, W and Hong, Y (2019) Materials consumption, indoor thermal comfort and associated energy flows of urban residential buildings. International Journal of Building Pathology and Adaptation, 37(05), 579–96.

Sohail, M G, Salih, M, Al Nuaimi, N and Kahraman, R (2019) Corrosion performance of mild steel and epoxy coated rebar in concrete under simulated harsh environment. International Journal of Building Pathology and Adaptation, 37(05), 657–78.

Sundling, R, Olander, S, Wallentén, P, Burke, S, Bernardo, R and Blomsterberg, & (2019) Lifecycle profit analysis of prefabricated multi-active façades. International Journal of Building Pathology and Adaptation, 37(05), 565–78.