Pashardes, Panos; Savva, Christos S. - In: Cyprus Economic Policy Review 3 (2009) 1, pp. 3-25
In this paper we investigate the impact of various macroeconomic variables on house prices in Cyprus during the period 1988-2008. Furthermore, we examine how specific characteristics of the house affect its price. We find house prices to be particularly sensitive to changes in island’s...