The Resource Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta
Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta
Resource Information
The item Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium
- Language
- eng
- Extent
- 1 online resource (20 pages
- Contents
-
- I. Introduction
- II. Recent housing market developments
- A. The run-up in house prices and construction
- B. Reversal in house prices
- III. Macrofinancial linkages from the housing market
- IV. Existing literature
- V. Econometric model and results
- VI. Conclusions
- References
- Isbn
- 9781451918007
- Label
- Is the Canadian housing market overvalued? : a post-crisis assessment
- Title
- Is the Canadian housing market overvalued?
- Title remainder
- a post-crisis assessment
- Statement of responsibility
- Evridiki Tsounta
- Subject
-
- Bank
- Business
- Business cycle
- Canada
- Canada
- Consumer price index
- Credit (finance)
- Debt
- Economic equilibrium
- Economic growth
- Electronic books
- Housing -- Canada -- Econometric models
- Housing -- Econometric models
- Housing -- Prices -- Canada -- Econometric models
- Housing -- Prices | Econometric models
- Alberta
- Language
- eng
- Summary
- Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium
- Cataloging source
- QE2
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Tsounta, Evridiki
- Government publication
- international or intergovernmental publication
- Illustrations
- illustrations
- Index
- no index present
- LC call number
- HD7305.A3
- LC item number
- T765 2009 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
- International Monetary Fund
- Series statement
- IMF Working Paper,
- Series volume
- WP/09/235
- http://library.link/vocab/subjectName
-
- Housing
- Housing
- Alberta
- Bank
- Business cycle
- Business
- Canada
- Consumer price index
- Credit (finance)
- Debt
- Economic equilibrium
- Economic growth
- Housing
- Housing
- Canada
- Label
- Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta
- Bibliography note
- Includes bibliographical references (pages 13-14)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- I. Introduction -- II. Recent housing market developments -- A. The run-up in house prices and construction -- B. Reversal in house prices -- III. Macrofinancial linkages from the housing market -- IV. Existing literature -- V. Econometric model and results -- VI. Conclusions -- References
- Control code
- 609993476
- Extent
- 1 online resource (20 pages
- Form of item
- online
- Isbn
- 9781451918007
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451918007.001
- Other physical details
- illustrations (some color))
- Specific material designation
- remote
- System control number
- (OCoLC)609993476
- Label
- Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta
- Bibliography note
- Includes bibliographical references (pages 13-14)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- I. Introduction -- II. Recent housing market developments -- A. The run-up in house prices and construction -- B. Reversal in house prices -- III. Macrofinancial linkages from the housing market -- IV. Existing literature -- V. Econometric model and results -- VI. Conclusions -- References
- Control code
- 609993476
- Extent
- 1 online resource (20 pages
- Form of item
- online
- Isbn
- 9781451918007
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451918007.001
- Other physical details
- illustrations (some color))
- Specific material designation
- remote
- System control number
- (OCoLC)609993476
Subject
- Bank
- Business
- Business cycle
- Canada
- Canada
- Consumer price index
- Credit (finance)
- Debt
- Economic equilibrium
- Economic growth
- Electronic books
- Housing -- Canada -- Econometric models
- Housing -- Econometric models
- Housing -- Prices -- Canada -- Econometric models
- Housing -- Prices | Econometric models
- Alberta
Genre
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Is-the-Canadian-housing-market-overvalued--a/H94xgVKztyg/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Is-the-Canadian-housing-market-overvalued--a/H94xgVKztyg/">Is the Canadian housing market overvalued? : a post-crisis assessment, Evridiki Tsounta</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
