Residential Housing Prices, COVID-19 and the Role of the Vaccination Program: Evidence from US State Panel Data

Nicholas Apergis ()

International Real Estate Review, 2022, vol. 25, issue 4, 461-478

Abstract: This paper makes use of residential housing prices across US states, along with COVID-19 confirmed cases and deaths, to explore the impact of COVID-19 on housing prices. The work also investigates the role of the vaccination program on those prices. The panel estimates document the negative impact of COVID-19 metrics on housing prices, but when the vaccination program is underway, this impact disappears. The results are robust across US regions as well.

Keywords: US housing prices; COVID-19; vaccination program; state panel data (search for similar items in EconPapers)
Date: 2022
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