Housing Attribute Preferences in a Northern Mexico Metropolitan Economy (Original PAPER‪)‬

Introduction International studies of housing attribute valuations have been conducted for numerous metropolitan markets. Examples include Africa, Europe, Asia, and North America. Similar research for Latin America and Mexico is less common (Figueroa 1993). To partially fill that gap in the literature, this effort employs a sample of 175 new houses for Ciudad Juarez, an important metropolitan economy in northern Mexico. All houses in the sample were completed and sold between November 2006 and April 2007. For each house, a total of 14 characteristics, both structural and locational, are utilized to model housing prices in this urban market.