This study uses 1989-2005 data for the Seattle metropolitan area to test the natural vacancy rate hypothesis for rental housing markets using a new methodology. Findings support the existence of a natural vacancy rate for apartments that varies over time, and in some cases across apartment...

The new German federal government has stipulated a price barrier as a response to the seeming „rent explosion“ in German residential markets. Contrary to this perception, we find that inflation-adjusted rents net of heating are even lower today than twenty years ago. Furthermore, our...

The article discusses a study which investigates the impact of real estate brokers on the price of residential properties sold in 2077 in France. The results show that brokers modify the prices of properties they sell. It stresses that the price impact of brokers varies by the property size and...

The objective of this research is to study the determinants of the use of intermediated solutions by homeowners. The theoretical perspective of perceived transaction costs provides a relevant framework for understanding the existence of this type of transaction in the real estate sector. From a...

Abstract After emerging from the U.S. real estate and financial markets, financial crisis has gradually become global. Due to both primary and secondary mortgage market problems in the U.S. are accepted as the essential reasons of the current crisis, it is believed that financial markets and...