01706cas a2200265 a 4500 AALejournalIMF006419 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455200634 1018-5941 BD-DhAAL BD-DhAAL Stepanyan, Vahram. House Price Determinants in Selected Countries of the Former Soviet Union / Vahram Stepanyan, Tigran Poghosyan, Aidyn Bibolov. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (15 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the dynamics of fundamentals, such as GDP, remittances, and external financing. Overall, we find that deviations of house prices from their fundamentals have not been pronounced, suggesting that house price bubbles have not been formed in the FSU countries. Mode of access: Internet Bibolov, Aidyn. Poghosyan, Tigran. IMF Working Papers; Working Paper ; No. 2010/104 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/104/001.2010.issue-104-en.xml IMF e-Library