Is The Canadian Housing Market Overvalued A Post Crisis Assessment
DOWNLOAD
Download Is The Canadian Housing Market Overvalued A Post Crisis Assessment PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Is The Canadian Housing Market Overvalued A Post Crisis Assessment book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Is The Canadian Housing Market Overvalued
DOWNLOAD
Author : Evridiki Tsounta
language : en
Publisher:
Release Date : 2009
Is The Canadian Housing Market Overvalued written by Evridiki Tsounta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Housing categories.
Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium.
Is The Canadian Housing Market Overvalued A L4242 Post Crisis Assessment
DOWNLOAD
Author : Evridiki Tsounta
language : en
Publisher: International Monetary Fund
Release Date : 2009-10-01
Is The Canadian Housing Market Overvalued A L4242 Post Crisis Assessment written by Evridiki Tsounta and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-01 with Business & Economics categories.
Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium.
Imf Working Papers
DOWNLOAD
Author : Evridiki Tsounta
language : en
Publisher:
Release Date : 2009
Imf Working Papers written by Evridiki Tsounta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Electronic books categories.
Is The Canadian Housing Market Overvalued A Post Crisis Assessment
DOWNLOAD
Author : Ms.Evridiki Tsounta
language : en
Publisher: International Monetary Fund
Release Date : 2009-10-01
Is The Canadian Housing Market Overvalued A Post Crisis Assessment written by Ms.Evridiki Tsounta and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-01 with Business & Economics categories.
Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium.
Oecd Economic Surveys Canada 2010
DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-09-10
Oecd Economic Surveys Canada 2010 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-10 with categories.
This 2010 edition of OECD's periodic review of Canada's economy includes chapters covering policies to sustain the recovery, fiscal consolidation strategies, and health care reform.
Canada
DOWNLOAD
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2010-12-22
Canada written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-22 with Business & Economics categories.
Canada has experienced drastic changes in its economy during the global financial crisis. This Selected Issues paper discusses the evolution of equilibrium real home prices in key Canadian provinces in the post-crisis period, Canadian dollar movement during and after the global financial turmoil in line with other world currencies, assessment of impacts on Canada’s potential growth, development of Canadian automotive sector—namely, NAFTA partners during the crisis, and the role of Canada Mortgage and Housing Corporation (CMHC) in Canada’s housing market.
What Drives House Prices In Australia A L4584 Cross Country Approach
DOWNLOAD
Author : Ms.Patrizia Tumbarello
language : en
Publisher: International Monetary Fund
Release Date : 2010-12-01
What Drives House Prices In Australia A L4584 Cross Country Approach written by Ms.Patrizia Tumbarello and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.
This paper analyzes the factors driving house prices in Australia from a cross-country perspective using several approaches. It uses a cointegration technique to estimate the long-run equilibrium house prices in Australia, New Zealand, and Canada and assesses the extent of a possible disequilibrium. It also presents an event analysis to shed some light on the link between house prices, capital inflows and the terms of trade. The econometric analysis suggests an overvaluation of 5-10 percent depending on the model specification. Event analysis indicates that terms of trade shocks were associated with larger increases in house prices in Australia, than in the case of strong capital inflow episodes.
Regional Economic Outlook October 2010 Western Hemisphere
DOWNLOAD
Author : International Monetary Fund. Western Hemisphere Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2010-10-19
Regional Economic Outlook October 2010 Western Hemisphere written by International Monetary Fund. Western Hemisphere Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-19 with Business & Economics categories.
Heating Up in the South, Cooler in the North broadly describes the economic scene for the Western Hemisphere. The report emphasizes how a mixed environment--with slow recovery in the United States and other advanced economies, but strength in Asia--differently shapes the outlooks for the diverse economies of Latin America and the Caribbean. This issue also focuses on financial issues in Latin America, with a chapter on the challenges of allowing credit to expand safely, without creating excessive risks, and a chapter that looks at macroprudential financial policies--topics especially important in today's context of low global interest rates and capital flows to emerging economies. The final chapter turns to Caribbean economies, exploring the drivers, and obstacles, that affect their growth.
Latin America
DOWNLOAD
Author : Mr.Luis M. Cubeddu
language : en
Publisher: International Monetary Fund
Release Date : 2012-07-01
Latin America written by Mr.Luis M. Cubeddu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-01 with Business & Economics categories.
This paper documents developments in mortgage credit and the housing sector in Latin America over the past decade, and compares them with those of other emerging economies. In particular, it examines the real estate and mortgage markets to assess whether (i) growth in mortgage credit is excessive compared to long-term trends; (ii) trends in house prices reflect changes in economic fundamentals; and (iii) the extent to which household and banking sector vulnerabilities could lead to potential fragilities. Although data limitations hamper a rigorous analysis of trends, our analysis suggests that while there are no imminent misalignments in the real estate and mortgage sectors, they could emerge if current trends persist. Strengthening supervision and addressing data gaps is thus critical to ensure adequate monitoring of risks and vulnerabilities in these sectors.
Latin America
DOWNLOAD
Author : Ms.Dora M. Iakova
language : en
Publisher: International Monetary Fund
Release Date : 2014-12-23
Latin America written by Ms.Dora M. Iakova and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-23 with Business & Economics categories.
Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.
