The repeat rent index

Brent W. Ambrose; N. Edward Coulson; Jiro Yoshida

doi:10.1162/REST_a_00500

The repeat rent index

Brent W. Ambrose, N. Edward Coulson, Jiro Yoshida

Risk Management

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37 Scopus citations

Abstract

We employ a weighted repeat rent estimator to construct quarterly indexes that expand the profession's ability to make cross-sectional comparisons of housing markets. Our analysis shows that there is considerable heterogeneity in the behavior of rents across cities over the 2000-2010 decade, but the number of cities and years for which nominal rents fell is substantial; rents fell in many cities following the onset of the housing crisis in 2007; and the repeat rent and Bureau of Labor Statistics indexes differ due to sampling and construction methods.

Original language	English (US)
Pages (from-to)	939-950
Number of pages	12
Journal	Review of Economics and Statistics
Volume	97
Issue number	5
DOIs	https://doi.org/10.1162/REST_a_00500
State	Published - Dec 1 2015

All Science Journal Classification (ASJC) codes

Social Sciences (miscellaneous)
Economics and Econometrics

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1162/REST_a_00500

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The repeat rent index

Abstract

All Science Journal Classification (ASJC) codes

UN SDGs

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