From 2014 until present, housing prices in Germany have been rising faster than consumer prices in all quarters except one, raising concerns about an excessive over-heating of the housing market. To assess the vulnerability of the German housing market to a future realignment of prices or even a...

This paper analyzes the main determinants of tenure choice in Brazil in formal and informal housing markets. Logit and Multinomial Logit models with several specifications are used to test the household's tenure choice behavior taking demographic, social, economic and locational factors as...

This paper presents the adaptation of the "Florida Affordable Housing Needs Assessment Methodology" (Noll et al., 1997) to Brazil. This was a task developed jointly by the Florida team with researchers from IPEA and the World Bank. The Affordable Housing Needs Assessment Methodology, developed...

Based on a stock-flow model of the housing market we estimate the relationship of house prices and explanatory macroeconomic variables in Germany using a regional panel dataset for 402 administrative districts. Using regional data exploits the variation across local housing markets and overcomes...

Real estate markets are subject to dynamic, ever-changing influences from location, amenities and neighborhoods; regulation, zoning and population changes; but also - macroeconomic variables, such as interest rates, inflation and economic cycles. The decision to buy or rent a durable,...