housing market volatility and control the persistent boom and bust cycles in the UK housing market. In past research, several … models have been developed to measure housing price volatility, such as the Generalized Auto Regressive Conditional … volatility of the UK housing market …

Housing markets experience substantial price volatility, short term price change momentum and mean reversion of prices … bubble. In this paper, we review the stylized facts of housing bubbles and discuss theories that can potentially explain … bubbles. Many non-rational explanations for real estate bubbles exist, but the most promising theories emphasize some form of …