Risks and interrelationships of subdistrict house prices

Title

Risks and interrelationships of subdistrict house prices: the case of Amsterdam

 Author

Teye, A.L. (TU Delft OLD Housing Systems)
de Haan, J.G. (Statistics Netherlands (CBS))
Elsinga, M.G. (TU Delft OLD Housing Systems) ORCID 0000-0002-3002-835X

 Date

2017

 Abstract

This paper uses individual house transaction data from 1995 to 2014 in Amsterdam to explore the risks and interrelationships of the subdistrict house prices. Simple indicators suggest that house prices grow faster and are more risky in the central business district and its immediate surrounding areas than in the peripherals. Furthermore, we observe an over time decreasing intervariations between the subdistrict house price growth rates, whereas we find a lead–lag and house price causal flow from the more central to the peripheral subdistricts.


 Subject

Amsterdam
Hedonic index
House prices
Lead–lag effect
Property price risk
Subdistricts

 To reference this document use:

http://resolver.tudelft.nl/uuid:c92b0d95-09cb-4281-a79a-26913317af0b

 DOI

https://doi.org/10.1007/s10901-017-9568-z

 ISSN

1566-4910

 Source

Journal of Housing and the Built Environment, 33 (2018) (2), 209-226

 Part of collection

Institutional Repository

 Document type

journal article

 Rights

© 2017 A.L. Teye, J.G. de Haan, M.G. Elsinga
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