-deviation contractionary monetary policy surprise lowers housing list prices by 0.2%- 0.3% within two weeks-a magnitude on par with the effect …

This study examines the effect of drought on housing and residential land prices in Iran. Using panel data covering the …

We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we … specific type of vacancy into account is highly relevant for housing policy decisions. …

In this paper, I explore and explain how buy-to-let investors affect housing price dynamics. The impact of buy …-to-let investors on the housing market is much discussed by policy makers, but previously not considered in the literature. I develop a … structural search model that allows housing owners to buy second houses to let out, and let rents be determined endogenously. To …

This article provides new empirical evidence on the dynamics of price movements and transaction volume in the housing … negative correlation between price level and sales that has been found in a number of housing markets. It is also found that … the direct predictive ability of the fundamentals with respect to housing price growth and sales is overwhelmed by the …

importance. In the second part of the paper we employ a standard model of dynamic optimisation with housing demand and seasonal … housing consumption …

during busts. The standard model of housing demand treats housing as a quantity of "housing services", an imaginary … housing services as fixed is able to do this. This is shown by means of a formal analysis of a model in which households that … differ in income are allocated over a given housing stock. In particular, the model predicts that the price of housing as a …

identified research gaps, the following report addresses four research questions: 1. How do housing demands change over the life … subjectively perceived spatial categories ‘city/urban’ and ‘country/rural’ in housing biographies and residential location … events and occasions change housing needs. Housing and residential location decisions are strongly influenced by normative …

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 …