An empirical investigation of the Portuguese housing prices (2004-18)

Detalhes bibliográficos
Autor(a) principal: Luo, J.
Data de Publicação: 2020
Outros Autores: Pereira, R., Dias, Á.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/20375
Resumo: This article presents an integrated macro view of the Portuguese housing market with macroeconomic indicators. Firstly, it compares the housing market and several macroeconomic indicators from 2004 to 2018. Then, the dynamic analysis of the housing prices by different regions in Portugal and its typology included. Also, the article is complemented with the regression analysis to identify the relationship between the house prices and macroeconomic indicators. Results show that the current negative interest rates are increasing the demand for houses and the housing prices. The housing stock in Portugal is mostly fixed but may experience limited growth as the rebuild program and new constructions. GDP and the housing prices have a positive correlation. Houses in Algarve and Lisbon are markedly more expensive than in the interior. From the regression analysis, the unemployment rate is the closest correlated variable.
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spelling An empirical investigation of the Portuguese housing prices (2004-18)Housing pricesHousing marketReal estatePortugalThis article presents an integrated macro view of the Portuguese housing market with macroeconomic indicators. Firstly, it compares the housing market and several macroeconomic indicators from 2004 to 2018. Then, the dynamic analysis of the housing prices by different regions in Portugal and its typology included. Also, the article is complemented with the regression analysis to identify the relationship between the house prices and macroeconomic indicators. Results show that the current negative interest rates are increasing the demand for houses and the housing prices. The housing stock in Portugal is mostly fixed but may experience limited growth as the rebuild program and new constructions. GDP and the housing prices have a positive correlation. Houses in Algarve and Lisbon are markedly more expensive than in the interior. From the regression analysis, the unemployment rate is the closest correlated variable.Lifescience Global2020-04-17T15:29:33Z2020-01-01T00:00:00Z20202020-04-17T16:28:50Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/20375eng1929-709210.6000/1929-7092.2020.09.06Luo, J.Pereira, R.Dias, Á.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:36:48Zoai:repositorio.iscte-iul.pt:10071/20375Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:16:46.066655Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv An empirical investigation of the Portuguese housing prices (2004-18)
title An empirical investigation of the Portuguese housing prices (2004-18)
spellingShingle An empirical investigation of the Portuguese housing prices (2004-18)
Luo, J.
Housing prices
Housing market
Real estate
Portugal
title_short An empirical investigation of the Portuguese housing prices (2004-18)
title_full An empirical investigation of the Portuguese housing prices (2004-18)
title_fullStr An empirical investigation of the Portuguese housing prices (2004-18)
title_full_unstemmed An empirical investigation of the Portuguese housing prices (2004-18)
title_sort An empirical investigation of the Portuguese housing prices (2004-18)
author Luo, J.
author_facet Luo, J.
Pereira, R.
Dias, Á.
author_role author
author2 Pereira, R.
Dias, Á.
author2_role author
author
dc.contributor.author.fl_str_mv Luo, J.
Pereira, R.
Dias, Á.
dc.subject.por.fl_str_mv Housing prices
Housing market
Real estate
Portugal
topic Housing prices
Housing market
Real estate
Portugal
description This article presents an integrated macro view of the Portuguese housing market with macroeconomic indicators. Firstly, it compares the housing market and several macroeconomic indicators from 2004 to 2018. Then, the dynamic analysis of the housing prices by different regions in Portugal and its typology included. Also, the article is complemented with the regression analysis to identify the relationship between the house prices and macroeconomic indicators. Results show that the current negative interest rates are increasing the demand for houses and the housing prices. The housing stock in Portugal is mostly fixed but may experience limited growth as the rebuild program and new constructions. GDP and the housing prices have a positive correlation. Houses in Algarve and Lisbon are markedly more expensive than in the interior. From the regression analysis, the unemployment rate is the closest correlated variable.
publishDate 2020
dc.date.none.fl_str_mv 2020-04-17T15:29:33Z
2020-01-01T00:00:00Z
2020
2020-04-17T16:28:50Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/20375
url http://hdl.handle.net/10071/20375
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1929-7092
10.6000/1929-7092.2020.09.06
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Lifescience Global
publisher.none.fl_str_mv Lifescience Global
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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