This book provides the most recent advances in and applications of the assessment of environmental amenities or nuisances, land use changes, discrimination and seggregation on the housing market. The emphasis is on problems, practices and innovative solutions, leading to improvements of the "hedonic price model", an economic valuation technique that analyses and quantifies the sources of rent or price differentials. Special applications are the assessment of noise and air pollution nuisances. Contributions by Laura Taylor, John Knight, Jean Cavailhès, Ghislain Geniaux and Claude Napoléone, Patrick Bajari and Matthew Kahn, David Wong, Jeffrey Zabel, Diane Hite, Patrick Bayer and Robert McMillan, and Bengt Kriström.