Purpose: This paper aims to examine herding behaviour among investors and traders in UK-listed Real Estate Investment Trusts (REITs) within three market regimes (low, high and extreme volatility periods) from the period June 2004 to April 2016. Design/methodology/approach: Observations of...

Purpose The purpose of this paper is to empirically analyze volatility properties of the house price returns of Turkey and Istanbul, Ankara and Izmir provinces over the period of July 2007-June 2014. Design/methodology/approach The paper uses conditional variance models, namely, ARCH, GARCH and...