## Figure 2.5. House Prices and Fundamentals: Quantile Regression Results

## Source details

**Canonical URL:** [Figure 2.5. House Prices and Fundamentals: Quantile Regression Results](https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure25.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure25.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure25.csv.json)

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### Dataset description
- Title: "Figure 2.5. House Prices and Fundamentals: Quantile Regression Results"
- Scope: Advanced Economies; Impact of Four Factors on Real House Price Growth (One to 16 quarters ahead, 5th quantile coefficients)
- Time horizon: 1 through 16 quarters ahead (columns labeled 1 to 16)
- Factors included: GDP growth; House price misalignment; FCI; Credit boom

### Coefficients by factor (quarters 1 to 16)
- GDP growth:
  - 0.19654, 0.06884, 0.05165, -0.09539, -0.20413, -0.22658, -0.21472, -0.15578, -0.1961, -0.14132, -0.13847, -0.1398, -0.12768, -0.14467, -0.13836, -0.1141
- House price misalignment:
  - -0.47332, -0.7791, -0.78788, -0.8739, -0.93059, -0.97608, -1.03308, -1.01417, -0.97145, -0.95573, -0.91942, -0.92809, -0.94441, -0.98475, -0.98131, -0.98687
- FCI:
  - -0.33908, -0.2833, -0.11439, -0.20494, -0.22011, -0.21782, -0.23332, -0.23837, -0.19629, -0.15002, -0.16421, -0.16054, -0.11867, -0.10171, -0.1354, -0.12065
- Credit boom:
  - -0.27518, -0.48282, -0.54259, -0.48084, -0.32138, -0.38515, -0.40892, -0.35851, -0.34421, -0.30361, -0.24056, -0.29299, -0.25996, -0.20683, -0.21562, -0.22695

### Key dataset notes
- The coefficients correspond to the 5th quantile regression estimates for horizons of one to 16 quarters ahead.
- Four explanatory factors are reported for advanced economies: GDP growth; House price misalignment; FCI; Credit boom.

*Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure25.csv*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure25.csv_