Descriptive statistics of the treated and untreated groups (mean values)
| Multifamily | Single-family | |||
|---|---|---|---|---|
| Variables | Treated | Untreated | Treated | Untreated |
| Price | 5,693,648 | 4,876,836 | 4,980,810 | 5,168,417 |
| Living area | 126.3665 | 129.348 | 134.5946 | 122.9653 |
| Plot area | 551.0149 | 565.3616 | 644.4104 | 483.7891 |
| Number of rooms | 5.5834 | 5.5705 | 5.6790 | 5.4741 |
| Building year | 1949 | 1957 | 1958 | 1953 |
| Distance subway | 0.8543 | 1.3237 | 1.40597 | 1.02194 |
| Distance CBD | 7.9772 | 10.0801 | 9.9393 | 9.209559 |
| No. of observations | 3,691 | 11,352 | 7,310 | 7,733 |
| Multifamily | Single-family | |||
|---|---|---|---|---|
| Variables | Treated | Untreated | Treated | Untreated |
| Price | 5,693,648 | 4,876,836 | 4,980,810 | 5,168,417 |
| Living area | 126.3665 | 129.348 | 134.5946 | 122.9653 |
| Plot area | 551.0149 | 565.3616 | 644.4104 | 483.7891 |
| Number of rooms | 5.5834 | 5.5705 | 5.6790 | 5.4741 |
| Building year | 1949 | 1957 | 1958 | 1953 |
| Distance subway | 0.8543 | 1.3237 | 1.40597 | 1.02194 |
| Distance CBD | 7.9772 | 10.0801 | 9.9393 | 9.209559 |
| No. of observations | 3,691 | 11,352 | 7,310 | 7,733 |
Notes: The table illustrates the mean values for the price and the independent variables. Columns 2 and 3 refer to multifamily residential buildings, and Column 4 refers to single-family housing projects. The table compares single-family house transactions in the treatment area 0–500 m (treated) with transactions outside 500 m up to 2 km (untreated)
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