common component in the Office of Federal Housing Enterprise Oversight's house price movements from state- or region …

In this paper, we seek to quantify the importance of state-level housing price spillovers and interest rate shocks to … importance of interstate housing price spillovers. Beyond real house prices and real income per capita, each state … importance of housing price spillovers is state dependent, with shocks occurring in states with relatively lower land supply …

common component in the Office of Federal Housing Enterprise Oversight’s house price movements from state- or region …

"Since the mid-1980s, monetary policy has contributed to a great moderation of the housing cycle by responding more … simulation with a simple model of the housing market shows that this deviation may have been a cause of the boom and bust in … housing starts and inflation in the last two years. Moreover, a significant time series correlation between housing price …

This paper examines the relation between money and housing variables in the euro area and in the US. Our empirical … model is based on a standard money demand relation which is augmented by housing market variables. In doing so, co … inflation channels, that is, liquidity fuels housing market developments. …

-deviation contractionary monetary policy surprise lowers housing list prices by 0.2%- 0.3% within two weeks-a magnitude on par with the effect …