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%) from 2014 to 2017. On average, the home values increased by 30% and 15% for West and East Germany respectively, whereas the … land values increased by 108% and 91% for West and East Germany. Our findings imply that cycles in the German land values …
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explain disparate local land and house prices. Lastly, estimating two different land price measurements for Germany shows that …
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-family housing in Germany. Construction activity in local housing markets (measured by new housing permits related to the local …
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A noticeable data gap in the evaluation of any property market is that of a residential land price series. Land costs are one of the most significant components of housing construction, however many markets do not have accurate information on such prices. The Irish housing market, more than most...
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This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new single-family housing in local housing markets. New local housing supply is measured by the annual number of construction permits in relation to the existing single-family housing...
Persistent link: https://www.econbiz.de/10009530093