Global House Price Fluctuations: Synchronization and Determinants

WP/13/38

Nopic
We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, what are the main shocks driving movements in global house prices? To address these questions, we first estimate the global components... READ MORE...

Publication date: February 2013
ISBN 9781475523621
$18.00

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Publication date: February 2013

English