Shi, Song; Young, Martin; Hargreaves, Bob - In: Journal of Property Research 26 (2009) 1, pp. 1-24
Utilising a selection of 10 urban area data sets in New Zealand for the period 1994--2004, we examine local house price co‐movements by using various house price indexing approaches, at a monthly level. Applying the Granger causality test based on a vector error correction model (VECM), where...