Showing 1 - 10 of 1,538
This study explores the relationship between income growth and housing prices in Poland's seven largest cities from 2013 to 2024. Through statistical analysis, the research reveals a strong correlation between average gross wages, and both offer and transaction prices in the real estate market,...
Persistent link: https://www.econbiz.de/10015393640
Objective: The article aims to investigate the synchronisation of metropolitan house prices from 2000 to 2020 based on novel empirical data. We applied several econometric procedures to address the cyclicity of housing markets. Research Design & Methods: Using a unique dataset of over four...
Persistent link: https://www.econbiz.de/10014490273
We study scar formation and persistence after a house price bubble has burst using data on 3,089 US counties and county equivalents over the period 1980q1-2019q4. We date house price booms and busts for each county, and identify periods with explosive house price developments. Applying a sharp...
Persistent link: https://www.econbiz.de/10015141915
Great differences are observed in the way of living, the quality of living, and the type of property ownership in individual countries of the world. However, housing affordability is currently a significant issue in every developed country. At the same time, it is also an important factor of...
Persistent link: https://www.econbiz.de/10014581575
Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete-continuous choice between renting and owning a house, whose sale is subject to transaction...
Persistent link: https://www.econbiz.de/10015211679
Tourism's positive and negative externalities are of an extreme social and economic importance for the tourism dominant countries. In particular, studying tourism's impact on housing prices has experienced increased interest over the past decade as it has a relevant influence on real estate...
Persistent link: https://www.econbiz.de/10014287692
This study investigates the effects of key economic factors on the median list price and median selling price in the U.S. housing market. Key economic factors such as interest rates, unemployment rates, inflation rates, real gross domestic product, money supply, mortgage rate, Standard & Poor's...
Persistent link: https://www.econbiz.de/10014518021
The COVID-19 crisis had a major impact on the measurement of inflation around the world, as price observation in shops became impossible and some markets completely closed down. This article looks at the measures taken during the crisis in 2020 to ensure the continued compilation of the European...
Persistent link: https://www.econbiz.de/10012429644
I analyze how housing markets in Espoo and Helsinki anticipate the construction of a new light rail transit connection called Jokeri Light Rail. I use geocoded micro-level housing transaction data from 2003-2019. As an econometric identification strategy, I utilize difference-in-differences...
Persistent link: https://www.econbiz.de/10013286498
Persistent link: https://www.econbiz.de/10012587663