Abstract
Urban housing prices reflect both land-use regulations and spatial structure, but their joint patterns remain underexplored in polycentric metropolitan contexts. Using 36,706 housing transactions from New Taipei City, Taiwan, this study examines zoning-related price differences and spatial clustering. Commercial-zone properties show average prices about 8% higher than residential-zone properties, whereas industrial-zone properties are about 7% lower. Moran’s I (≈0.73) indicates strong positive spatial dependence, and hot spot analysis identifies high-value clusters mainly in central districts. Overall, zoning-related price differences vary across space and are generally stronger in central locations. The study identifies spatial associations rather than causal effects.
Recommended Citation
Wu, Ya-Wen and Hung, Wei-Hsi, "Spatial Dependence and Zoning-Related Price Differences in Urban Housing Markets: Evidence from New Taipei City" (2026). ICEB 2026 Proceedings (Beijing, China). 83.
https://aisel.aisnet.org/iceb2026/83