Toward an Understanding of the Effect of Market Share on Median Home Sale Price

This study analyzes the market share of the top 10 home builders in nine Metropolitan Statistical Areas, along with fourteen other independent variables, to find a statistical relationship with median home sales price. Through a stepwise regression of the independent variables it is determined that there is no correlation between median home sale price and market share of the top 10 home builders. In the stepwise regression two variables are found to be correlated to median homes sales price: Owner Occupancy Percentage and Residential Construction Wages, a data point compiled for this study. A linear regression is run between market share of the top 10 and median home sale price and no correlation is found.

Name thesis:degree_name

Master of Science

Level thesis:degree_level

masters

Discipline thesis:degree_discipline

Building Construction Science and Management

Department dc:contributor.department

Building Construction

Grantor dc:publisher

Virginia Tech

Year dc:date.issued

2018

Author dc:creator

• Duryea, Judson Busse

Chair dc:contributor.committeechair

• McCoy, Andrew P.

Committee members dc:contributor.committeemember

• Zhang, Yang
• Jones, Mel

• Market share
• top 10 home builders
• median home sales price
• home builder activity
• housing market concentration.

Statement dc:rights

• In Copyright

Licence dc:rights.uri

• http://rightsstatements.org/vocab/InC/1.0/

Dc Identifier Other

vt_gsexam:16190

OAI identifier oai:identifier

oai:vtechworks.lib.vt.edu:10919/83799