... that continue to cause problems in hedonic modeling. First, omitted variables may cause the explanatory power of a model to be less than it could be. In this case, adding one variable increases the R² statistic by eight percentage points. Hedonic modeling House prices Specification...

...Alejandro Fernandez Purpose The purpose of this paper is to understand the distributional impact of house price increases on consumption in the context of the energy transition. Design/methodology/approach This study draws from two micro cross-sectional datasets, the English Housing Survey...

... © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only House prices Toll removal Transportation costs Ripple effect Difference-in-differences O18 R21 R31 R41 In this paper we focus on the Severn Bridges toll removal, which...

...Colin Jones Purpose The paper sets out a conceptualisation of the housing cycle centring on households' desire to upgrade their housing consumption. Design/methodology/approach The paper begins by studying house price trends and cycles in OECD countries since 2000 to identify housing cycle...

...John V. Duca; Martin Hoesli; Joaquim Montezuma Purpose The study aims to analyze the effects of the Covid-19 pandemic on house prices. Design/methodology/approach The authors start by discussing the possibility that house price indexes may not fully incorporate the effects of the pandemic...

...Michael McCord; Martin Haran; Peadar Davis; John McCord Purpose A number of studies have investigated the relationship between energy performance certificates (EPCs) and house prices. A majority of studies have tended to model energy performance pricing effects within a traditional hedonic...

... by regional house price growth rates is considered. The Match Test is further used to test the applicability of beta-convergence and dual economy models to a house price context. Design/methodology/approach The Match Test relates an actual rank order with an expected one. Gibrat’s law implies house price...

... between leverage and housing return, as given by Muellbauer and Murphy (1997), the paper finds the effect of a higher LTV on the user cost of housing as the net effect of a higher borrowing cost and the associated leverage gain. The latter depends on the relationship between house price growth...

...John V. Duca Purpose The purpose of this paper is to provide perspective on whether and why global metro house prices have become more synchronized, and perspective on the limited implications of this for investing in international real estate. Design/methodology/approach This paper reviews...

...Martin Hoesli Purpose The purpose of this paper to provide a discussion of the empirical evidence and contributing factors of the synchronization of house prices globally. Design/methodology/approach The author reviewed the main studies on house price synchronization and conducted an empirical...

...Josephine Dufitinema; Seppo Pynnönen Purpose The purpose of this paper is to examine the evidence of long-range dependence behaviour in both house price returns and volatility for fifteen main regions in Finland over the period of 1988:Q1 to 2018:Q4. These regions are divided geographically...

... in both markets with positive house prices. Research limitations/implications Several topics could be deepened for making the paper richer and more interesting, although at the cost of much more mathematics. First of all, the introduction of specific functional forms for both the rent function...

...Alfred Larm Teye; Michel Knoppel; Jan de Haan; Marja G. Elsinga Purpose This paper aims to examine the existence of the ripple effect from Amsterdam to the housing markets of other regions in The Netherlands. It identifies which regional housing markets are influenced by house price movements...

...Berna Keskin; Richard Dunning; Craig Watkins Purpose This paper aims to explore the impact of a recent earthquake activity on house prices and their spatial distribution in the Istanbul housing market. Design/methodology/approach The paper uses a multi-level approach within an event study...

... Publishing Limited Licensed re-use rights only Sustainable Tax House prices Windfalls The impact of the financial crisis of 2008/2009 on the Irish public finances was arguably greater than for any other country in the OECD. The Irish economy had exhibited particularly strong budgetary...

...Margarita Rubio; José A. Carrasco-Gallego Purpose This study aims to build a two-country monetary union dynamic stochastic general equilibrium (DSGE) model with housing to assess how different shocks contributed to the increase in housing prices and credit in the European Economic and Monetary...

...Michael White Purpose – This paper aims to examine factors affecting house prices separating cyclical and structural influences. In addition to considering the role of income and interest rates, it examines whether access to a key source of liquidity, mortgage finance, could affect the long-term...

...Kenneth Gibb; Alex Marsh; David Duffy; Niall O’Hanlon Purpose – This paper aims to, using a unique loan-level data set, show the extent to which negative equity in Ireland is concentrated in younger age groups. The sharp decline in house prices since 2007 has led to the emergence of widespread...

... of European Real Estate Research Asset valuation Bubbles Europe Herding behaviour House prices Housing Prices Article Type: 2013 Awards for Excellence From: Journal of European Real Estate Research, Volume 7, Issue 1 The following article was selected for this year’s...

... this aim, it may well be that these structures have the capacity to prevent the restoration of normal community interactions and market processes and may also be providing their benefits at a high price with regard to issues such as house price reduction. Indeed, the effect of these structures...