techniques for assessing housing price misalignments from their fundamental prices. For this purpose, several statistical …

This article provides new empirical evidence on the dynamics of price movements and transaction volume in the housing … market using data from Finland. While the previous related literature studies the reactions of sales volume and prices to an …-error correction model, the response of prices to demand shocks is found to be substantially slower than that of sales. The effect of a …

techniques for assessing housing price misalignments from their fundamental prices. For this purpose, several statistical …

tradable goods such as food may be misplaced because of the emerging literature on the rapid convergence of traded goods prices … within the PRC that contrasts with earlier claims of fragmented internal markets. In a setting where traded goods prices … housing given the fixity of land. In this paper we use newly available data on dwelling sales in urban PRC to develop …

financial structure infrastructure. Issues related to the development of housing, pension, and insurance are also discussed. …