Is the Real Estate Market of New Housing Stock Influenced by Urban Vibrancy?

Table 6

Ordinary Least Squares (OLS) model and to assess the relationship between the CSD and the 5 PCs (source: authors’ elaboration).

Variable	Construction sites density (CSD)
	Ordinary least square (OLS)
	Coefficients	Probability
Spatial coefficient (W)/Lambda	—	—
PC1-retail	4.508	0.000
PC2-cultural offer	0.870	0.009
PC3-Public transport stations	0.932	0.006
PC4-Public green and sports areas	−0.254	0.444
PC5-healthcare	−0.220	0.507
Constant	4.867	0.000
Number of observations	94
Log likelihood	−239.192
AIC	490.384
R Square	0.697
Breush–Pagan test	13.136	0.022
Jarque–Bera test	65.756	0.000

Signif. codes: “”; “”; “”; “.”; “”