An analysis to detect exuberance and implosion in regional house prices in Turkey

The aim of this paper is to find out whether there is exuberance in regional house prices in Turkey. For this purpose, we analyze real hedonic house prices and price to rent ratios countrywide as well as for 26 geographic regions at the NUTS2 level from January 2010 to January 2019. We perform the r...

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Bibliographic Details
Main Authors: Evren Ceritoğlu, Seyit Mümin Cılasun, Ufuk Demiroğlu, Aytül Ganioğlu
Format: Article
Language:English
Published: Elsevier 2019-06-01
Series:Central Bank Review
Online Access:http://www.sciencedirect.com/science/article/pii/S1303070119300678