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Segmentation of Australian housing markets: 1989–98

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  • Yong Tu

Abstract

The Australian national housing market has gone through a long recovery to achieve its current level. Using econometric modelling techniques, this paper has found that the real weekly earnings per employee, the nominal mortgage rates, the unemployment rates and the housing construction activities are the key driving forces behind to lead the national housing market out of its recession. The Australian national housing market comprises a series of segmented subnational housing markets. It implies the disparities of economic performance at subnational level.

Suggested Citation

  • Yong Tu, 2000. "Segmentation of Australian housing markets: 1989–98," Journal of Property Research, Taylor & Francis Journals, vol. 17(4), pages 311-327.
    • Handle: RePEc:taf:jpropr:v:17:y:2000:i:4:p:311-327
    DOI: 10.1080/09599910010001420
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    Cited by:

    1. Tsai, I-Chun & Chiang, Shu-Hen, 2019. "Exuberance and spillovers in housing markets: Evidence from first- and second-tier cities in China," Regional Science and Urban Economics, Elsevier, vol. 77(C), pages 75-86.
    2. Alola, Andrew & Asongu, Simplice & Alola, Uju, 2019. "House prices and tourism development in Cyprus: A contemporary perspective," MPRA Paper 101795, University Library of Munich, Germany.
    3. Zheng Zheng Li & Chi-Wei Su, 2023. "How does real estate market react to the iron ore boom in Australian capital cities?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(2), pages 517-537, October.
    4. JingJing (Justine) Wang & John S. Croucher, 2021. "Information linkages among National, NSW, VIC, and QLD real estate markets in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 3207-3234, June.
    5. Alexey Akimov & Simon Stevenson & James Young, 2015. "Synchronisation and commonalities in metropolitan housing market cycles," Urban Studies, Urban Studies Journal Limited, vol. 52(9), pages 1665-1682, July.
    6. Yong Tu, 2004. "The Dynamics of the Singapore Private Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 41(3), pages 605-619, March.

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