S. Malpezzi et al., NEW PLACE-TO-PLACE HOUSING PRICE INDEXES FOR US METROPOLITAN-AREAS, AND THEIR DETERMINANTS, Real estate economics, 26(2), 1998, pp. 235-274
Housing prices vary widely from market to market in the United States.
The purpose of this study is to (1) construct new place-to-place inde
xes of the price of housing, using the 1990 Census, and (2) analyze th
e determinants of housing prices, with a particular focus on the suppl
y side determinants-regulatory and natural constraint-as well as the u
sual demand determinants.