Long-run information diffusion processes in the Perth housing market 1988-2000
In the period since the influential studies by Case and Shiller (1989, 1990), it hasbeen established that housing markets are characterised by information diffusionpatterns determined by informational inefficiencies. In Australia, little work hasbeen completed on the long-term patterns of these inef...
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| Format: | Journal Article |
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Pacific Rim Real Estate Society
2003
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| Online Access: | http://hdl.handle.net/20.500.11937/34238 |
| _version_ | 1848754168234246144 |
|---|---|
| author | Costello, Gregory |
| author_facet | Costello, Gregory |
| author_sort | Costello, Gregory |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In the period since the influential studies by Case and Shiller (1989, 1990), it hasbeen established that housing markets are characterised by information diffusionpatterns determined by informational inefficiencies. In Australia, little work hasbeen completed on the long-term patterns of these inefficiencies. This paperexamines a rich data set of transactions for the Perth housing market in the period1988-2000. The results confirm some significant long-term patterns for real houseprice changes and some close relationships between these patterns and changes inreal interest rates. |
| first_indexed | 2025-11-14T08:36:07Z |
| format | Journal Article |
| id | curtin-20.500.11937-34238 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:36:07Z |
| publishDate | 2003 |
| publisher | Pacific Rim Real Estate Society |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-342382017-01-30T13:42:01Z Long-run information diffusion processes in the Perth housing market 1988-2000 Costello, Gregory In the period since the influential studies by Case and Shiller (1989, 1990), it hasbeen established that housing markets are characterised by information diffusionpatterns determined by informational inefficiencies. In Australia, little work hasbeen completed on the long-term patterns of these inefficiencies. This paperexamines a rich data set of transactions for the Perth housing market in the period1988-2000. The results confirm some significant long-term patterns for real houseprice changes and some close relationships between these patterns and changes inreal interest rates. 2003 Journal Article http://hdl.handle.net/20.500.11937/34238 Pacific Rim Real Estate Society restricted |
| spellingShingle | Costello, Gregory Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title | Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title_full | Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title_fullStr | Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title_full_unstemmed | Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title_short | Long-run information diffusion processes in the Perth housing market 1988-2000 |
| title_sort | long-run information diffusion processes in the perth housing market 1988-2000 |
| url | http://hdl.handle.net/20.500.11937/34238 |