The rented sector of the housing market is a key concern for policies trying to improve dwelling-level energy efficiency levels. Currently, stepping up energy efficiency levels in the residential sector is hindered by a number of uncertainties. For rental properties, this is complicated by the...

The rapid growth of house prices in many fast-growing economic regions has proven difficult to explain by existing economic theories. Large scale models have proven especially difficult to apply to explain pricing differences between micro-locations. This research provides a model of spatial and...

Using a unique transaction database of condominiums in the Tokyo metropolitan area and a hedonic analytical framework, we find that eco-labelled buildings command a small but significant premium on both the asking and transaction prices. This finding is consistent with results from other...

This study investigates how the energy efficiency ratings mandated by the European Union affect house prices. Using a sample of several thousand apartment transactions from Helsinki, Finland, we test whether higher ratings were significantly associated with higher prices. In addition to a large...

This study applies a Lagrange Multiplier (LM) test for the AutoRegressive Conditional Heteroskedasticity (ARCH) effects and an Exponential Generalized Autoregressive Conditional Heteroskedasticity-in-Mean (EGARCH-M) model to assess whether regional house prices in Canada exhibit financial...

This paper investigates whether energy performance ratings, as measured by mandatory Energy Performance Certificates (EPCs), are reflected in the sale prices of residential properties. This is the first large-scale empirical study of this topic in the UK involving approximately 400,000 dwellings...