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Le marché immobilier : quelques perspectives à long terme pour la région de Trois-Rivières

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  • Farrell, L. M.

    (Département d’administration et d’économique, Université du Québec à Trois-Rivières)

Abstract

The results of any analysis of local real estate markets must be qualified in terms of the long run equilibrium conditions assumed in the study. Such property characteristics as: non homogeneity, durability, length of response lag time, etc., are frequently suggested as major factors which contribute to the inefficiency of real estate markets. Periods of prolonged exogeneous inflationary expectations, which may be indicated by changes in the Consumer Price Index (CPI), add further complexity to the analysis of real estate markets.

Suggested Citation

  • Farrell, L. M., 1983. "Le marché immobilier : quelques perspectives à long terme pour la région de Trois-Rivières," L'Actualité Economique, Société Canadienne de Science Economique, vol. 59(1), pages 153-163, mars.
    • Handle: RePEc:ris:actuec:v:59:y:1983:i:1:p:153-163
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    References listed on IDEAS

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    1. de Leeuw, Frank, 1971. "The Demand for Housing: A Review of Cross-Section Evidence," The Review of Economics and Statistics, MIT Press, vol. 53(1), pages 1-10, February.
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