This paper investigates the differential impact of monetary policy on homeownership and housing returns among Black …-specific entries and exits of homeownership and housing returns for 140 metropolitan areas in the United States. Our findings reveal … significant heterogeneity: for minority households, one unit of monetary tightening leads to a 15% lower housing return and a 31 …

common component in the Office of Federal Housing Enterprise Oversight’s house price movements from state- or region …

In the last 15 years, Spain has witnessed a large increase in housing prices and in the importance of the housing … sector, which has refreshed the debate on the drivers of housing cycles. Since Spain joined the European Monetary Union (EMU …), twomain important factors behind the housing boom appear to be the decrease of nominal interest rates due to the disappearance …

"Since the mid-1980s, monetary policy has contributed to a great moderation of the housing cycle by responding more … simulation with a simple model of the housing market shows that this deviation may have been a cause of the boom and bust in … housing starts and inflation in the last two years. Moreover, a significant time series correlation between housing price …