… of this paper is to examine the behavior of prices in the real estate market of Turkey. The …
the explosive behavior in the prices of the real estate market of Turkey. We examine the (co-)…

… the determinants of explosive behavior in house prices in this … housing market. Appraisal
reports form the basis of the collateral value for housing loans and are prepared by real estate …

… In particular, this paper studies the UK housing market and finds existence of an explosive
rational bubble due to non-fundemental factors mostly. For instance unemployment rate …

… actual and fundamental prices in the Turkish housing market are rare, small in magnitude
and temporal. In addition, the GSADF results reveal that explosive behaviors in real estate …

… The results show that real estate bubbles do not exist in the Turkish housing market and price
increases above … bubble and it was observed that synchronized explosive behavior occurs. …

… explosive price behaviors. The Toda-Yamamoto causality test and the impulse response
functions provide short-term insights into the Turkish real estate market. In addition, this study …

… market structure of the Turkish real estate market and extensive international media coverage
for the housing bubble of Turkey … , non-persistent and non-explosive. Moreover, the model …

… conceptually that during periods where house prices rise at a … inflationary pressures
resembling explosive behaviour. … is to allow researchers to study US real estate as an asset class. …

… First, we aim to empirically detect volatility behaviors of house price returns in Turkey and …
) in real estate markets, then there is higher risk of large losses during volatile periods than …

… Iranian investors in the Turkish real estate market, focusing on the … of housing price growth
in Iran and Turkey was compared. The review of the 11-year trend of rates shows that housing …