The recent increase in house prices across the OECD highlights again the importance of understanding the different determinants of residential property demand. Sustained activity in housing markets across a number of countries was one of the contributing factors to the financial sector...

The credit bubble experienced by the Irish residential and financial sector immediately prior to the global financial crisis (GFC) was one of the largest experienced across contemporary western economies. The Irish property market had witnessed a significant increase in activity as the economy...

The recent increase in house prices across the OECD highlights again the importance of understanding the different determinants of residential property demand. Sustained activity in housing markets across a number of countries was one of the contributing factors to the financial sector...

An understanding of the house price to rent ratio and its determinants is important in assessing housing market developments and tenure choice therein. While the ratio is most usually explained by the user cost of capital, the influence of credit conditions on it has been added to econometric...

The rapid increase in credit in an economy is now commonly perceived to be one of the leading indicators of financial instability. This view has been reinforced by the aftermath of the international financial crisis, which commenced mid 2007. A key policy response has been to focus on the ratio...