In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative … weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental … housing, this variant of the imputation method may cause a bias in the German CPI. For assessing the appropriateness of the …

Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are … housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The … resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban …

In this article we study the market duration of new housing built by developers in Mexico between 2013 and 2015. In … particular, this document discusses whether the physical characteristics of housing, state of location, date put on sale, time of …

drought on housing prices, residential land prices, and housing rents in Iran. Using data from provinces of Iran from 1993 to …

accelerator of house prices and finds that over the period 2000-2008 the value of all housing transactions exceeded the aggregate … net growth of mortgages by 50%, indicating substantial equity financing. In one year, 2008, the value of aggregate housing …

This paper investigates the importance of including data on new housing supply in Dynamic Stochastic General … financial sector and real estate sector, they have largely overlooked housing supply. I develop an extended DSGE model that … includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when …

the United States, housing collateral effects on consumption are absent. Given credit conditions, rising house prices … mostly explained by movements in incomes, housing supply, mortgage interest rates and credit conditions, suggesting that the …

This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing tenure …

This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … expectations exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing …