Second district housing prices: why so weak in the 1990s?

Matthew Higgins, Carol Osler and Anjali Sridhar

Current Issues in Economics and Finance, 1999, vol. 5, issue Jan

Abstract: Between 1990 and 1997, poor economic fundamentals and a prolonged hangover from excessively rapid growth in the 1980s caused house prices in the New York metropolitan area to grow much more slowly than prices nationwide; these factors played a smaller role in the decline of upstate New York's house prices relative to the nation's.

Keywords: Prices; Federal Reserve District, 2nd; Housing (search for similar items in EconPapers)
Date: 1999
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