Gauging Housing Supply in Canada: A Stock Approach

This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model...

Full description

Saved in:
Bibliographic Details
Main Author: Reynaud, Julien (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2015
Series:IMF Working Papers: Working Paper No. 15 / 128
Online Access:UBW01
UEI01
LCO01
SBR01
UER01
SBG01
UBG01
FAN01
UBT01
FKE01
UBY01
UBA01
FLA01
UBM01
UPA01
UBR01
FHA01
FNU01
BSB01
TUM01
Volltext
Summary:This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model is estimated at the provincial level over the period 1980-2013 to estimate a measure of housing stock desequilibrium. The model predicts an excess supply in the order of ½ percent above the housing stock level consistent with fundamentals as of 2013
Physical Description:1 Online-Ressource (17 p)
ISBN:1513577786
9781513577784

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text