developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect - we show …

developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect—we show that …

supply conditions, interact with expectations-driven housing market fluctuations. …

I estimate the impact of new housing supply on the local rent distribution, exploiting delays in housing completions … caused by weather shocks during the construction phase. Increasing the flow of new supply by 1 percent lowers average rents … supply shock is similarly strong in locations experiencing growing housing demand. Moreover, it affects the entire rent …

between prices, demand and supply. Since vacancy rates are not observable, the demand-supply mismatches are identified using a … markets when complete demand, supply and pricing data are not available. The model may also be useful when data are available …

explicitly models the relationship between changes in house prices and various measures of housing supply. The results show that … months supply of new homes places greater downward pressure on house prices that the months supply of existing homes. We …

to $65,000. Increasing the supply of affordable housing by 10%  significantly improves the welfare of all …

Demand pressure, not supply inelasticity, explains coastal markets' high price volatility relative to other US markets …

This paper models the demand and supply sides of the housing market separately. In the empirical analysis, the vector … supply sides of the Turkish housing market between the period of October 2007 and June 2012. It is found that the housing … effect of the variables on housing demand and supply in Turkey. While the dependent variable on the demand side is real …