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Drivers of Housing Prices in the Growing, Suburban South of the US: Evidence from Cumming, Georgia

Journal of Commerce and Accounting Research

Volume 9 Issue 4

Published: 2020
Author(s) Name: Mitra L. Devkota, Eric B. Howington | Author(s) Affiliation: Mike Cottrell College of Business, University of North Georgia, Dahlonega, GA 30597, USA.
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Abstract

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This study examines the determinants of housing prices for single family homes in Cumming, Georgia, USA. Cumming is located with Forsyth County, one of the fastest-growing suburban areas in the United States. Results of the regression analysis indicate that the numbers of bathrooms, square footage, and school zoning are all statistically significant predictors of the price of a single-family home.

Keywords: Regression, Zillow.com, Housing Prices, Multicollinearity, Residuals, Georgia

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