House Price Developments in Europe.

House prices in Europe have shown diverging trends, and this paper seeks to explain these differences by analyzing three groups of countries: the ""fast lane"", the average performers, and the slow movers. Price movements in the first two groups are found to be driven mostly by i...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hilbers, Paul Louis Ceriel
Otros Autores: Banerji, Angana, Shi, Haiyan, Hoffmaister, Alexander W.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Housing > Prices > Europe > Econometric models.
Home ownership > Europe > Econometric models.
Mortgages > Europe > Econometric models.
Logement > Prix > Europe > Modèles économétriques.
Hypothèques > Europe > Modèles économétriques.
Home ownership > Econometric models
Housing > Prices > Econometric models
Mortgages > Econometric models
Europe
Acceso en línea:Texto completo
Descripción
Sumario:House prices in Europe have shown diverging trends, and this paper seeks to explain these differences by analyzing three groups of countries: the ""fast lane"", the average performers, and the slow movers. Price movements in the first two groups are found to be driven mostly by income and trends in user costs, and housing markets in these countries seem relatively more susceptible to adverse developments in fundamentals. Real house price declines among the slow movers are harder to explain, although ample supply, low home ownership, and less complete mortgage markets are likely factors. The im.
Descripción Física:1 online resource (66 pages)
ISBN:9781451915228
1451915225

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