Overvaluation in the housing market and returns on residential real estate in the euro area: insights from data in euro per square metre

M. Dujardin., A. Kelber. and A. Lalliard.

Quarterly selection of articles - Bulletin de la Banque de France, 2015, issue 37, 49-63

Abstract: The construction of residential real estate series in euro per square metre instead of using index series provides new insights into the housing market valuations in France, Germany, Italy, Spain and Belgium since the middle of the 1990s.

Keywords: house prices; asset prices; property bubble; return on assets; financial stability; price indices; statistical methods (search for similar items in EconPapers)
JEL-codes: C10 C43 E31 G12 R31 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2015:37:04

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