In order to achieve this, the research applies spatial lag models to account for the effect of COVID-19 on housing market pricing behaviour. The findings show that the autocorrelation of house prices increased after COVID-19, revealing price persistence driven by behavioural changes. The results ...
I thought that now would be a good time to take a look at how the U.S. housing market has fared over the past 16 weeks and also let you know what you might expect to see as we move through the balance of the year.
Nevertheless, we might see a lot of houses with equity hit the market someday. People with equity but without jobs. With current price trends, most sellers probably wouldn’t even need a short sale. For Boomers who can’t find another job, many will probably just move...
The COVID-19 pandemic has severely impacted the urban real estate market around the world. This study regards the impact of the pandemic as a quasi-natural experiment, using the Difference in Difference model (DID) to examine the short-term impact of this severe public health crisis on the ...
The outlook for housing in 2021 is mixed. Some sectors, like single-family rentals, should thrive, while the for-sale market is facing a bevy of headwinds. Affordability is No. 1 on that list. Consumer confidence in the housing market fell in February, according to the most recent monthly...
We study the impact of the COVID-19 pandemic on the location demand for housing. We find that the pandemic has led to a shift in housing demand away from neighborhoods with high population density. The reduced demand for density is driven partially by the diminished need for living close to...
Ling, Wang, and Zhou (2020) investigate COVID-19’s effect on REITs. To the best of our knowledge, we are the first to examine COVID-19 directly on residential housing market at the daily level, which complements existing literature on COVID-19’s impacts. 3. Data and Method 3.1. ...
Hence, in what follows we juxtapose the price dynamics for these two distinct classes of available real estate to estimate the impact of pandemic un- certainty on the housing market. The key distinction being that buyer-seller interactions implicitly incorporate speculation on future price movements....
a majority of participants (48%) consider real estate as the best asset class for investment in the current situation, largely due to lower risks attached, while 25% respondents prefer stocks as high volatility in the stock market over the last couple of months has resulted in dwind...
This study focused on the impact of the pandemic on various sectors like manufacturing industries, banking, real estate, textile, agriculture, education, healthcare, electronics, and services. The effect of COVID-19 is going to last for quite some time, even though primary activities and ...