The Journal of real estate research, 2014-07, Vol.36 (3), p.283-318
2014
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Details
- Autor(en) / Beteiligte
- Titel
- The Dynamics of Housing Prices
- Ist Teil von
- The Journal of real estate research, 2014-07, Vol.36 (3), p.283-318
- Ort / Verlag
- Clemson: American Real Estate Society
- Erscheinungsjahr
- 2014
- Quelle
- Taylor & Francis
- Beschreibungen/Notizen
- We analyze the prices of owner-occupied housing in 97 metropolitan areas between 1980 and 2011. Our tests indicate that price changes exhibit positive serial correlation at the one year intervals, with subsequent reversals of price changes over longer intervals. Consistent with our simple model, regional differences in observed price patterns reflect differences in the serial correlation of the demand shocks, as well as the elasticity of supply responses.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 0896-5803eISSN: 2691-1175DOI: 10.1080/10835547.2014.12091394Titel-ID: cdi_proquest_miscellaneous_1610989927
- Format
- –
- Schlagworte
- Cities, Collateral, Correlation, Correlation analysis, Costs, Demand shock, Demand shocks, Elasticity, Employment, Housing, Housing costs, Housing demand, Housing prices, Manufacturing, Metropolitan areas, Ownership, Population density, Population growth rate, Price changes, Prices, Proxy reporting, Proxy statements, Real estate, Regional variations, Studies, Supply, Time series