We develop a simple model of a speculative housing market in which the demand for
houses is influenced by expectations about future housing prices. Guided by empirical …

This paper investigates the dynamic connectedness of random shocks to housing prices
between the 50 US states and the District of Columbia. The paper implements a standard …

Real Estate Economics: A point-to-point handbook introduces the main tools and concepts
of real estate (RE) economics. It covers areas such as the relation between RE and the …

This study examined the housing prices in major metropolitan areas in Taiwan and identified
the reasons for the significant differences among them. A quantitative analysis of the spread …

The existing researches show that the relationships across regional housing market in the
USA are asymmetric, and the ripple effect may exist among regional housing markets. To …

Choosing the optimal holding period is an important part of real estate investment decisions,
because “when to sell” affects “whether to buy”. This paper presents a theoretical model for …

This paper analyses the stochastic properties of the US real estate market in the long term
(1987–2023). For this purpose, we rely on fractionally integrated methods to fill the gap left …

In this paper we investigate house price misalignments and how they affect the real
economy. We estimate the long-term relationship between house prices and the …

This study uses the Markov switching vector autoregressive model (MSVAR) model to
examine dynamic relationships between stock and housing market returns in the United …

Utilizing new survey data collected between 2009 and 2014, this paper analyzes American
households' subjective expectations on future home values. We explore the relationship …