This paper models the demand and supply sides of the housing market separately. In the empirical analysis, the vector … effect of the variables on housing demand and supply in Turkey. While the dependent variable on the demand side is real … error correction model (VECM) is preferred to identify the impacts of fundamental macroeconomic factors on the demand and …

The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 …-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …

This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single …

price elasticity of housing supply …

This paper investigates the importance of including data on new housing supply in Dynamic Stochastic General … financial sector and real estate sector, they have largely overlooked housing supply. I develop an extended DSGE model that … includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when …

in the interplay between housing demand and supply and GDP growth on house prices for the time period 1981- 2014. We … the current housing price boom. We find that 40% of house price variations can be explained by changes in demand and … supply for housing. Furthermore, the response of house prices to mortgage rate shocks weakened after the 1990s real estate …

, housing demand and frictions in the matching process between buyers and sellers. While both shifts in housing supply and … housing market to understand the driving forces of rising spatial price dispersion, highlighting the role of housing supply … housing demand matter for overall price increases and for regional divergence, we find that variation in housing demand is the …