What drives housing price dynamics: cross-country evidence
Year: 2004
Type: article
Abstract: House prices generally depend on inflation, the yield curve and bank credit, but national differences in the mortgage markets also matter. House prices are more sensitive to short-term rates where floating rate mortgages are more widely used and more aggressive lending practices are associated with stronger feedback from prices to bank credit.
Authors: Kostas Tsatsaronis, Haibin Zhu
Institution: Bank for International Settlements
Language: German
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1573079789
