00000nam 2200000za 4500 9.855061 CaOODSP 20250821075107 cr ||||||||||| 180411s2018 oncd ob f000 0 eng d CaOODSP eng eng fre n-cn--- FB3-7/2018-8E-PDF Khan, Mikael. Personal experiences and house price expectations [electronic resource] : evidence from the Canadian Survey of Consumer Expectations / by Mikael Khan and Matthieu Verstraete. [Ottawa] : Bank of Canada, c2018. 5 p. : col. chart. Staff analytical note = Note analytique du personnel, 2369-9639 ; 2018-8 Cover title. Includes bibliographical references. "In this work, we use novel Canadian survey data to study how expectations of future changes in house prices are influenced by personal experiences. We find that recentlyexperienced changes in local house prices are routinely extrapolated into expectations ofyear-ahead changes in national house prices. In addition, individuals who have experienced higher volatility in house price changes in the recent past are more uncertain about their expectations of future house price changes. Our results are broadly consistent with those from related work using the Survey of Consumer Expectations conducted by the Federal Reserve Bank of New York"--Abstract. Includes abstract in French. gccst Housing gccst Prices Verstraete, Matthieu. Bank of Canada. Staff analytical note (Bank of Canada) 2369-9639 ; 2018-8. (CaOODSP)9.807323 PDF 713 KB https://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-8-eng.pdf