In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute …

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 …

Over the last two decades, New Zealand experienced a threefold increase in housing prices. The largest surge in prices … in recent years occurred between 1998 and 2007, a period of housing price growth in many developed economies. Since 2007 …, housing price growth remained flat until 2011, and then prices once again embarked on an upward trend. However, recent housing …

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

We study sources and consequences of fluctuations in the housing market. The upward trend in real housing prices of the … last 40 years can be explained by slow technological progress in the housing sector. Over the business cycle, housing … demand and housing technology shocks explain one-quarter each of the volatility of housing investment and housing prices …

importance. In the second part of the paper we employ a standard model of dynamic optimisation with housing demand and seasonal … housing consumption …

The aim of this article is to present the changes taking place in housing markets in selected European countries and in … covered with our research also the years 1963-2010. The development of domestic housing markets is determined both by specific … finance investment is of primary importance for the changes taking place in housing markets. This factor can be expressed by …