This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new … single-family housing in local housing markets. New local housing supply is measured by the annual number of construction … permits in relation to the existing single-family housing stock. This supply indicator is econometrically related to existing …

Research on housing supply has grown owing to improved data combined with heightened interest in policies such as local … land use regulations. Heterogeneity in supply conditions across markets is shown to be essential to understanding the … prices. The nature of supply obviously also influences local housing-market dynamics. Recent research has shown that …

This paper provides a first look at estimates of the price elasticity of the housing supply in China at both the … implied national price elasticity of housing supply is between 2.8 and 5.6. The city-level analysis reveals that geographic … housing supply. The study of a different regulatory and economic environment contributes to the growing literature on supply …

has been weak. Using data for 254 US metropolitan areas, we show that housing supply elasticities have fallen markedly in … recent recovery than the previous boom. At the same time, building permits respond less. Finally, we find that housing supply …