Tag Archives: House Prices

The Causes and Consequences of House Price Momentum

FromĀ AdamĀ Guren: House price changes are positively autocorrelated over two to three years, a phenomenon known as momentum. This paper introduces, empirically grounds, and quantitatively analyzes an amplification mechanism that can generate substantial momentum from small frictions and demonstrates that the … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment