Real Estate Cycles and Bubbles

 

Links to Publications & Resources

Property Price Statistics from the Bank of International Settlements (more than 45 countries)

 

Related Documents
  Publish Date Title Author
July 2018Housing Price, Credit, and Output Cycles: How Domestic and External Shocks Impact Lithuania’s Credit IMF
2017Speculative Dynamics of Prices and VolumeAnthony A. DeFusco, Charles G. Nathanson, and Eric Zwick
2017Housing and Financial StabilityBoard of Governors of the Federal Reserve System
December 31, 2016Why Cyclicality Matters to Access to Mortgage CreditPatricia A. McCoy and Susan M. Wachter
November 2016Detecting Imbalances in House Prices: What Goes Up Must Come Down?Andre K. Anundsen
September 2016Housing, Finance, Policy and the EconomySabine Winkler
2016Speculative Fever: Investor Contagion in the Housing Bubble Patrick Bayer, Kyle Mangum, and James W. Roberts
2016Mitigating the Deadly Embrace in Financial Cycles: Countercyclical Buffers and Loan-to-Value LimitsJaromir Benes
2016Breaking the Link between Housing Cycles, Banking Crises, and RecessionAvinash Persaud
2016Hungarian Mortgage Rescue Programs 2009-2016Csizmady, A.
2015Housing Finance and Real-Estate Booms: A Cross-Country PerspectiveEugenio Cerutti, Jihad Dagher, and Giovanni Dell'Arricia
2015The Macroeconomic Relevance of Credit Flows: An Exploration of U.S. DataAlexander Herman, Deniz Igan, and Juan Sole
2015From Systemic Banking Crises to Fiscal Costs: Risk Factors David Amaglobeli, Nicolas End, Mariusz Jarmuzek, and Geremia Palomba
2015Cascades in Multiplex Financial Networks with Debts of Different SeniorityCharles D. Brummitt and Teruyoshi Kobayashi
2015Price Expectations and the U.S. Housing BoomPascal Towbin and Sebastian Weber
2015Systemic Risk Assessment in Low Income Countries: Balancing Financial Stability and DevelopmentDaniela Marchettini and Rodolfo Maino
2015Asian housing: Ride the cycleEnam Ahmed
2015Fundamentals and the Volatility of Real Estate Prices in China: A Sequential Modelling StrategyYongheng Deng
2014Official Demand for US Debt: Implications for US Real Interest RatesIryna Kaminska, Gabriele Zinna
2014House Price Gains and US Household Spending from 2002 to 2006Atif Mian, Amir Sufi
2014The Great Mortgaging: Housing Finance, Crises, and Business CyclesOscar Jorda
2014Housing BubblesEdward L. Glaeser and Charles G. Nathanson
2013Preventing House Price Bubbles - Lessons form the 2006-2012 BustJames R. Follan and Seth H. Giertz
2013The Driving Force Behind the Boom and Bust in Construction in EuropeYan Sun
2013Residential Property Prices in Central, Eastern and Southeastern European Countries: The Role of Fundamentals and Transition-Specific FactorsDuy T. Huynh- Olesen
2013Growth Following Investment and Consumption-Driven Current Account CrisesAlexander Klemm
2013The Impact of Supply Constraints on House Prices in EnglandChristian A. L. Hilber
2013Financial Soundness Indicators and Banking Crises Matias Costa Navajas
2013Deputy Governor of the Bank of Japan Highlights Demographic Trends as Key Drivers of Property Price MovementsKiyohiko G. Nishimura
2013Is There Evidence of a Real Estate Collateral Channel Effect on Listed Firm Investment in China?Jing Wu
2013Asset Price Bubbles: A Selective SurveyAnna Scherbina
2013Housing Bubbles and Expected Returns to HomeownershipMarius Jurgilas, Kevin J. Lansing
2013Housing and the Business Cycle in South AfricaGoodness C. Aye
2013Wall Street and the Housing BubbleIng-Haw Cheng
2013Evaluating the Net Benefits of Macroprudential Policy: A CookbookNicolas Arregui
2012Contagious Real Estate Cycles: Causes, Consequences and Policy ImplicationsMan Cho
2012Can Tightness in the Housing Market Help Predict Subsequent Home Price Appreciation? Evidence from the U.S. and the NetherlandsPaul E. Carrillo
2012Latin America: Vulnerabilities Under Construction?Luis Cubeddu
2012Dealing with Real Estate Booms and BustsDeniz Igan
2012Capital inflows, financial innovation and housing boomsFilipa Sá
2012Housing Bubbles and Homeownership ReturnsMarius Jurgilas
2012Home Prices in France Over the Long RunJacques Friggit
2012Global Housing CyclesDeniz Igan
2012Global House Price WatchHites Ahir
2012Is there a Real Estate Bubble in Brazil?Mário Jorge Mendonça
2012Capital Inflows, Exchange Rate Flexibility, and Credit BoomsNicolas E. Magud
2011Housing Busts And Household Mobility: An UpdateFernando Ferreira
2011International Capital Flows and House Prices: Theory and EvidenceJack Favilukis
2011The Supply Side of the Housing Boom and Bust of the 2000sAndrew Haughwout
2011How Long Do Housing Cycles Last? A Duration Analysis for 19 OECD CountriesPhilippe Bracke
2011Anatomy of the Beginning of the Housing Boom: U.S. Neighborhoods and Metropolitan Areas, 1993-2009Fernando Ferreira
2011Safeguarding Banks and Containing Property Booms: Cross-Country Evidence on Macroprudential Policies and Lessons from Hong Kong SARAshvin Ahuja and Malhar Nabar
2011The Effects of Housing Prices and Monetary Policy in a Currency Union, Working PaperOriol Aspachs-Bracons and Pau Rabanal
2011Financial Cycles: What? How? When?Stijn Claessens, M. Ayhan Kose and Marco E. Terrones
2011How Do Business and Financial Cycles Interact?Stijn Claessens, M. Ayhan Kose and Marco E. Terrones
2011How to Deal with Real Estate Booms: Lessons from Country ExperiencesChristopher Crowe, Giovanni Dell'Ariccia, Deniz Igan, and Pau Rabanal
2011Différenciation de la variation du prix des logements selon le département de 1994 à 2010Jacques Friggit
2011Anatomy of the Beginning of the Housing BoomFernando Ferriera, Joseph Gyourko
2010Viewpoint: Countercyclical Loan-to-Value Limits Can Help Prevent the Next BubbleAlex J. Pollock
2009Housing Finance, Housing Shocks and the Business CycleRoberto Cardarelli
2009Three Cycles: Housing, Credit, and Real ActivityDeniz Igan
2008Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical ComparisonCarmen M. Reinhart & Kenneth S. Rogoff
2007Housing is the Business CycleEdward E. Leamer
2007Booms and Busts in Housing Markets: How Vulnerable is New Zealand?Richard J. Herring
2005Boom-Bust Cycles in Housing: The Changing Role of Financial StructureCalvin Schnure
2005Pricing Market-Specific BubblesJames R. Follain and Mike Sklarz
2002Bubbles in Real Estate MarketsRichard Herring & Susan Wachter
Housing Bubble and Government Regulation: Evidence from ChinaJerry Cao
Crisis Transmission in the Global Banking NetworkGalina Hale, Tumer Kapan, and Camelia Minoiu