Please use this identifier to cite or link to this item: http://hdl.handle.net/2440/63748
Citations
Scopus Web of Science® Altmetric
?
?
Type: Journal article
Title: Modelling price movements in housing micro markets: identifying long-term components in local housing market dynamics
Author: Wilson, P.
White, M.
Dunse, N.
Cheong, C.
Zurbrugg, R.
Citation: Urban Studies, 2011; 48(9):1853-1874
Publisher: Carfax Publishing
Issue Date: 2011
ISSN: 0042-0980
1360-063X
Statement of
Responsibility: 
Patrick Wilson, Michael White, Neil Dunse, Chee Cheong and Ralf Zurbruegg
Abstract: This study identifies housing sub-markets (micro markets) that may be price leaders within local housing market areas and relates their performance to potentially relevant economic factors. This can be important as it provides both policy-makers and market players with a useful barometer regarding housing market behaviour. The study uses cointegration analysis to find those markets that interact with each other over the long run and isolates housing sub-markets that are not influenced by housing market behaviour elsewhere in the local urban economy. The study lays the basis for research aimed at identifying whether different housing markets respond to the same or to different economic stimuli. The research is likely to be of interest to policy-makers (such as town planners) as well as to developers and lending institutions.
Rights: © 2010 Urban Studies Journal Limited
RMID: 0020103489
DOI: 10.1177/0042098010380960
Appears in Collections:Business School publications

Files in This Item:
File Description SizeFormat 
RA_hdl_63748.pdfRestricted Access724.86 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.