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Variations in Housing Prices in Canada
This project aims to explain housing price variations in major Canadian cities for the period from 1972 to 2003. The statistical model incorporates the following economic variables: housing prices, housing starts, employment, interest rates, inflation, construction costs, land costs, stock market performance and retail sales. The results indicate that, for the nation as a whole, interest rates and inflation have the greatest explanatory power. Certain regional patterns are also described, such as similarities in the importance of specific variables within a given region.
Variation du prix des logements au Canada
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