Long Term House Price Series for Spain: Construction and International Comparison
Paloma Taltavull de La Paz and
Francisco Juárez
ERES from European Real Estate Society (ERES)
Abstract:
This paper reconstruct the long term serie of housing prices in Spain (aggregate) using statistical methods based on ARIMA models. It build the data for sixties until eighties period in quarterly basis, of weighted house prices for the Spanish aggregate and some selected regions. The method uses 2 proxies for house prices reconstruction, the GDP and Mortgage units, and base the built series on the housing market fundamentals. After that, the paper compare the Spanish housing prices with other long term series available like the UK, France, US, Germany, Netherlands, Italy and Japan. The reconstruction shows the different effect that the inflation process occurs during seventies had on housing prices and the similarities of global cycles among European countries.
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2015-07-01
New Economics Papers: this item is included in nep-eur, nep-his and nep-ure
References: Add references at CitEc
Citations:
Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2015-239 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2015_239
Access Statistics for this paper
More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().