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Second district housing prices: why so weak in the 1990s?

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Author Info

  • Matthew Higgins
  • Carol Osler
  • Anjali Sridhar

Abstract

Between 1990 and 1997, poor economic fundamentals and a prolonged hangover from excessively rapid growth in the 1980s caused house prices in the New York metropolitan area to grow much more slowly than prices nationwide; these factors played a smaller role in the decline of upstate New York's house prices relative to the nation's.

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File URL: http://www.newyorkfed.org/research/current_issues/ci5-2.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): 5 (1999)
Issue (Month): Jan ()
Pages:

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Handle: RePEc:fip:fednci:y:1999:i:jan:n:v.5no.2

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Keywords: Housing ; Prices ; Federal Reserve District; 2nd;

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