Zacharias G. Bragoudakis, M. Emiris, Mihnea Constantinescu
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Selected Review of the Empirical Literature on House Price Modelling and Forecasting: What Does the Literature Say?
This paper presents a selected review of what the literature discusses in terms of modelling and forecasting house prices. In particular, it distils fundamental and “other” determinants of house prices used in economic models and identifies the most commonly used econometric approaches to estimate and forecast house prices.