As the transaction price of a comparable property in the local housing market is one the most accessible references for sellers and buyers, a change in a house price may result in spillover effects on future transactions of neighbouring properties. Given the dynamics on the real estate market,...

Purpose: This study aims to examine the housing outcomes of natives and multiple generations of non-natives using a longitudinal survey data in Britain. Design/methodology/approach: The authors use longitudinal data from Britain, in which they can observe multiple generations of immigrants and...

Purpose The purpose of this paper is to explore the role of the housing market in the monetary policy transmission to consumption among euro area member states. It has been argued that the housing market in one country is then important when its mortgage market is well developed. The countries...