Micro-level studies using individual and household data have shown that residential location choices are influenced by neighbourhood ethnic composition. Using three conurbation samples in the Netherlands - Amsterdam metropolitan area, Rotterdam-The Hague metropolitan area, and the countrys...

This paper explores the stability of the key conditioning variables accounting for real estate valuation before and after the crisis of 2008–2009, in a panel of 36 countries, for the period of 2005:I–2012:IV, recognizing the incidence of global financial crisis. Our paper validates the...

In January-August 2012, mortgage housing loans for Rb 611,561bn were extended which figure is 54% higher than the volume of lending in the respective period of 2011. As of September 1, 2012, the outstanding debt on MHL in the amount of Rb 1,765 trillion exceeded by 34.52% that as of September 1,...

In July 2012, entities of all the forms of ownership built 52,600 new apartments with the total floorspace of 4.21m sq. meters which is 13.8% more than in July 2011. In the 2nd quarter of 2012, the ratio between the price of a sq. meter of housing on the primary market and the cost of building...

Within three quarters of 2012, the volume of mortgage housing loans (MHL) (Rb 698.59bn) exceeded by 50% that extended in the respective period of 2011. With growth in lending volumes, a decrease in the overdue debt on MHL in rubles both in monetary terms and as a percentage of the outstanding...

In January-October 2012, entities of all the forms of ownership built 476,500 apartments with the total floorspace of 40.1m sq. meters which amounts to 103.8% on the respective period of 2011. The ratio between the price of housing and households’ income in 2012 points to the fact that housing...

The aim of this publication is the analysis of the main theoretical and empirical models for pricing of financial and non financial assets including models for bubbles determining indices and methods which allow identifying a bubble on financial and non financial assets markets well as...

The aim of this publication is the analysis of the main theoretical and empirical models for pricing of financial and non financial assets including models for bubbles determining indices and methods which allow identifying a bubble on financial and non financial assets markets well as...

We explore the stability of the conditioning variables accounting for the real estate valuation before and after the crisis of 2008–9, in a panel of 36 countries, recognizing the crisis break. We validate the robustness of the association between the real estate valuation and lagged current...

This paper provides a model for housing prices based on a seller solving the optimal time-on-the market problem. Given the seller’s optimal time-on-the market, analytical expressions are provided for both the expected time-on-the-market and the sales price. These expressions facilitate the...