Canadian housing supply elasticities

Staff analytical note 2021-21 (English)
Nuno Paixão
September 2021
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We explain how housing supply elasticities for Canadian cities are estimated. The procedure we use exploits the systematic differences in various cities’ sensitivity to regional house-price cycles.

Content Type(s): Staff research, Staff analytical notes
JEL Code(s): R, R1, R14, R3, R31, R5, R52
Research Theme(s): Financial system, Household and business credit, Monetary policy, Real economy and forecasting

DOI: https://doi.org/10.34989/san-2021-21