Research on each House's Pricing System Based on Hedonic Price Model

Hedonic price model is widely used to fix house price,generally used to fix house's average price in our country.Based on previous experience,Hedonic price model is extended to fix each house's price.By tradition Hedonic price model,gets Xi'an each house's pricing model,then use Box-cox theory to transform the dependent variables,then can get a new Hedonic price model.The empirical study's result proved the relationship between house's price and house's feature.At the same time,proved that the new Hedonic price model is better than the tradition Hedonic price model.