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Modelling Regional Housing Prices in Spain
Álvarez Román, Laura - 2019
We estimate the long-run relationship between real housing prices of new dwellings and their fundamentals in a panel of the 50 Spanish provinces between 1985 and 2018. We find a cointegrating relationship between real house prices and per capita real income, unemployment rate and demographic...
Persistent link: https://www.econbiz.de/10012857801
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The 'Housing Bubble' and Financial Factors : Insights from a Structural Model of the French and Spanish Residential Markets
Antipa, Pamfili M. - 2015
Over the last decade, France and Spain have experienced property price and residential investment increases which were …, our estimates imply that residential property prices in France and Spain were approximately 20% above the level explained … degree of overvaluation is drastically reduced. The adjustment path to equilibrium is slightly faster in France than in Spain …
Persistent link: https://www.econbiz.de/10013038761
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Disaggregated House Price Indices
Shao, Adam Wenqiang - 2013
This paper estimates and compares methods of constructing disaggregated house price indices from existing house price models using individual sales data for Sydney. Nine alternative house price models are selected to cover the most frequently used methods in the literature: the mean model,...
Persistent link: https://www.econbiz.de/10013084750
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Regional Housing Market Conditions in Spain
Galesi, Alessandro; Mata, Nuria; Rey, David; Schmitz, … - 2021
when housing market activity is low. Using detailed data on home listings and transactions in Spain, we provide unique …
Persistent link: https://www.econbiz.de/10013242686
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Immigration and housing booms : evidence from Spain
González, Libertad; Ortega, Francesc - 2009
We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over … ; immigration ; house prices ; construction ; Spain …
Persistent link: https://www.econbiz.de/10003879367
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Relative house price dynamics across euro area and US cities: convergence or divergence?
Hiebert, Paul; Roma, Moreno - 2010
differentials in explaining city-level house price dispersion in Germany, France, and the US (but not in Italy or Spain once …
Persistent link: https://www.econbiz.de/10003973532
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Change in the distribution of house prices across Spanish cities
Nicodemo, Catia; Raya, Josep Maria - 2012
2007, the difference in housing price in Spain is larger at lower and higher percentiles. Secondly, the most important part …. With respect to Spain's cities pattern, Madrid, Valencia and Bilbao, are the cities which big difference among them …
Persistent link: https://www.econbiz.de/10009536426
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Change in the Distribution of House Prices Across Spanish Cities
Nicodemo, Catia - 2013
2007, the difference in housing price in Spain is larger at lower and higher percentiles. Secondly, the most important part …. With respect to Spain's cities pattern, Madrid, Valencia and Bilbao, are the cities which big difference among them …
Persistent link: https://www.econbiz.de/10013091097
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Immigration and Housing Booms : Evidence from Spain
Gonzalez, Libertad - 2009
We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over …
Persistent link: https://www.econbiz.de/10013157518
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The Impact of the Sharing Economy on Housing Rental Prices : The Case of Airbnb in Barcelona
Ásmundsson, Magnús - 2020
We offer a novel approach to investigate the extent to which the expansion of the sharing economy is responsible for increases in long-term rents and prices on the housing market. To this end, we construct a theoretical framework for the housing market that allows for spillover effects between...
Persistent link: https://www.econbiz.de/10012823725