House price determinants in Germany and Sweden: panel data analysis
2011 (English)In: 18th ERES conference proceedings, Eindhoven, Netherlands, 2011Conference paper (Other academic)
Article has an aim to investigate the effects of macroeconomic indicators such as population, income levels, GDP, housing stock, interest rate and rent levels on house prices. Analysis is done by applying panel data methodology on regional data for major cities in Germany and Sweden and by using yearly observations from 1995 to 2009. Results confirm that population, GDP, income, housing stock, interest rate and price levels for other market segments have effects on housing prices. However, these effects can be different for certain indicators depending on market segment and model used.
Place, publisher, year, edition, pages
house price determinants, panel data analysis
IdentifiersURN: urn:nbn:se:kth:diva-86719OAI: oai:DiVA.org:kth-86719DiVA: diva2:500963
18th ERES conference, Eindhoven, Netherlands, 15th-18th June 2011
QC 201204112012-02-132012-02-132012-04-11Bibliographically approved