Article ID Journal Published Year Pages File Type
962060 Journal of Housing Economics 2012 18 Pages PDF
Abstract
► We study house price convergence in panels of US states and metropolitan areas. ► There is little evidence of overall house price convergence. ► US house prices are best described by multiple convergence clubs. ► The general characteristics of convergence subgroups are extensively studied. ► Housing supply regulation and climate are major determinants of club membership.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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House price convergence: Evidence from US state and metropolitan area panels
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