Gauging housing supply in Canada : a stock approach /

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Bibliographic Details
Author / Creator:	Reynaud, Julien, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2015.
Description:	1 online resource (17 pages) : color illustrations.
Language:	English
Series:	IMF working paper, 1018-5941 ; WP/15/128 IMF working paper ; WP/15/128.
Subject:	Housing -- Canada. Housing -- Prices -- Canada. Real property -- Canada. Housing. Housing -- Prices. Real property. Canada. Electronic books. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12504529

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Western Hemisphere Department.
ISBN:	9781513593876 1513593870 9781513586045 1513586041 1513577786 9781513577784 1513570714 9781513570716
Notes:	"June 2015." "Western Hemisphere Department." Includes bibliographical references (page 16). Online resource; title from pdf title page (IMF.org Web site, viewed July 2, 2015).
Summary:	This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model is estimated at the provincial level over the period 1980-2013 to estimate a measure of housing stock desequilibrium. The model predicts an excess supply in the order of 1/2 percent above the housing stock level consistent with fundamentals as of 2013. --Abstract.
Other form:	Print Version: 9781513577784
Standard no.:	10.5089/9781513577784.001

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