Demographic trends and housing prices

Luca Casolaro (), Claudio Luccioletti () and Andrea Neri ()
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Luca Casolaro: Bank of Italy
Claudio Luccioletti: Bank of Italy
Andrea Neri: Bank of Italy

No 1043, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The paper analyses the relationship between demographic trends and housing prices in Italy at the municipal level over the period 2010-2025. It aims to assess the extent to which population changes are associated with housing prices and whether this relationship emerges primarily in the short or long term. The analysis also considers potential local heterogeneity, distinguishing between remote areas (aree interne) and more accessible areas (aree non interne), as well as across the country's macro-regions.

Keywords: housing prices; demographic trends; remote areas; panel data (search for similar items in EconPapers)
JEL-codes: C23 J11 R31 (search for similar items in EconPapers)
Date: 2026-07
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_1043_26

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