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The impact of changes in dwelling characteristics and housing preferences on Belgian house prices

Author

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  • P. Reusens

    (National Bank of Belgium)

  • F. Vastmans

    (KU Leuven)

  • S. Damen

    (Universiteit Antwerpen)

Abstract

House prices have increased very strongly in the first COVID year and this increase was not driven by changes in the quality of the property sold. Turning to the longer term, the energy quality of dwellings gradually improved over the past decade and it will need to improve significantly more to reach the European climate goals.

Suggested Citation

  • P. Reusens & F. Vastmans & S. Damen, 2022. "The impact of changes in dwelling characteristics and housing preferences on Belgian house prices," Economic Review, National Bank of Belgium, pages 1-40, April.
    • Handle: RePEc:nbb:ecrart:y:2022:m:april
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    File URL: https://www.nbb.be/en/articles/impact-changes-dwelling-characteristics-and-housing-preferences-belgian-house-prices-0
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    Cited by:

    1. Francesco Braggiotti & Nicola Chiarini & Giulio Dondi & Luciano Lavecchia & Valeria Lionetti & Juri Marcucci & Riccardo Russo, 2024. "Predicting buildings' EPC in Italy: a machine learning based-approach," Questioni di Economia e Finanza (Occasional Papers) 850, Bank of Italy, Economic Research and International Relations Area.

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