Internet searches and transactions on the housing market
Sander Veldhuizen (),
Benedikt Vogt and
Bart Voogt
No 325, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis
Abstract:
We use Google searches of the word “mortgage” to explain housing transactions in the Netherlands in the period from 2004 until 2015. Our estimates indicate that Google searches of the previous months are significantly positively associated with housing transactions in the current month. This provides evidence that internet search data can provide information about real market behaviour.
JEL-codes: E2 E27 R2 R3 (search for similar items in EconPapers)
Date: 2016-05
New Economics Papers: this item is included in nep-ict, nep-mac and nep-ure
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:325
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