Ullah, Aman; Zhou, Zhong‐guo - In: Property Management 21 (2003) 1, pp. 8-24
In this paper, we examine dynamic relationships among three housing market variables and a stock market index in a multivariate vector autoregressive error correction (VAREC) model. It is first found that, in the USA, sales and the median sales price of the existing single‐family homes and the...